DWCH-Datawatch Worth Watching! 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.

Technology Stocks : DWCH-Datawatch Worth Watching!

DWCH 13.10

0.0%

Dec 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Irish who wrote (332)	11/26/1997 8:59:00 AM
From: Mike 2.0	Read Replies (2) of 462

Irish, I never expected positive results for Q4. Don't forget that the company announced a $2.8m restructuring in the same PR as Foley resignation. For whatever reason the company lumps these non-recurring costs into SG&A. If you back out the $2.8m, DWCH NI was about a dime per share for the FY. You could also deduct $0.7m restructuring from Q3 but presumably Q4 results would not have been as good according to Foley's quote in the anticipated revenue PR. What I am surprised about is there was no conference call this quarter, though. I was looking forward to hearing from Gardner now he is running the show, new CFO and others promoted to VP level. OTOH, the company's story is a good one. I have said and still say the company's success depends primarily on market acceptance of Monarch, which is a terrific alternative to data warehousing...if people know about it! Mac sale looks very good too after seeing Mac revenue figure of $6m. That makes the $16.75m sale price = 2.75x revenue which seems very good price for a product line supporting a platform that may not exist a few years from now. Happy Thanksgiving Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next