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Technology Stocks : Teklogix International Inc. TSE:TKX
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To: Sultan who wrote (5)8/15/1997 9:39:00 PM
From: Geoffrey   of 274
 
I agree the ( NO ) cash level is a concern. The company said during the earnings release "IT IS TIME TO MAKE SOME COST ADJUSTMENTS" The good news is that A/R was 34 million dollars and inventory was 20 million dollars, so the current ratio is still 2.5 to 1. I think the market will see the potential in this company again if they can hit the 1998 earnings numbers.
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