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Technology Stocks : Niku Corporation (NIKU)

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To: David Howe who wrote (49)1/4/2002 8:41:42 PM
From: SidStock  Read Replies (1) of 57
 
What a quiet thread. Considering the recent move. Any good info out there on this move?

My take is that they have plenty of cash 74M, considering their much reduced burn rate. This quarter they are shooting for <20M in expense, and if the analyst income is close 16-17M, they could post a loss of only 3M. No problem with so much cash in the bank. Also this would beat estimates of .10/share (or 7.4M).

All i can say is im glad im in at just above a buck.

Sid
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