IMGX, currently $3.50 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Green 6 who wrote (464)	11/3/1997 7:21:00 PM
From: Jay Morrison	Read Replies (1) of 665

Phil, It looks like I owe you that Deli sandwich. That's what I get for being too optomistic about IMGX. It turns out that "record" quarter meant that 1View grew and had a good quarter, but everything else shrunk so much that you barely would notice it. I hardly consider $9.9 million in revenue and a $2.9 million loss to be a great accomplishment. Once again, I think they are barely treading water. Their cash on hand is $3.8 million. So that means they should be broke by January or February of 1998. The loss for the quarter was 15 cents (before charges)per share, down from 22 cents. But that decrease came partly from the stock dilution. I do not know about the rest of you, but I am disappointed, again. I think they need to cut Dorotech loose and just be a software company and a growth story. They really need to have some positive news during the conference call to pull this thing together. Sybase, Intergraph, and the others all sound good, but where is the money? SHOW ME THE MONEY !!! That is the other thing that bugs me. In the release they claim that the 'pipeline' grew from $71 million to a current $81 million. The pipeline has be growing every quarter, but the revenue never grows. You be the judge. Later, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next