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Technology Stocks : NCDI - Network Computing Devices

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To: David Hsu who wrote (3143)10/15/1997 5:48:00 PM
From: Cary Salsberg   of 4453
 
Thread,

RE: "Discussing the quarter, Robert G. Gilbertson, president and CEO, said: "Overall revenues were about 10% less than budgeted, and that hurt profitability."

Correct me if I am wrong, but I thought that one of the most basic uses of Network Computers (NCs) was to monitor the business financials and to adjust budgeted expenses to keep them in line with revenues. Of course, the difference between $.05 - $.10 profit and beakeven is just a huge collective kick in the butt for the shareholders. The pain in the butt is likely to be only short term!

Cary
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