Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Roger A. Babb who wrote (12243)	10/30/1997 7:22:00 PM
From: CalculatedRisk	Read Replies (1) of 18263

Roger, Cash Flow: Zitel has $13.8M in cash and short term investments. How long can they survive? 1) Cash (and short term investments) decreased $3.5M from last quarter. 2) AR decreased $0.5M 3) Inventories decreased $0.4M 4) AP increased $0.8M Therefore, Zitel used $5.2M in cash last quarter. Management is talking about cutting expenses - but with $13.8M divided by run rate of $5.2M - Zitel will be out of cash in May 1998. 7 Months! Best Regards, Bill

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