Thanks Tim. The other ratio of importance is profit/sales...the old profit margin. This is what chopped Quarterdeck down. Now, it is lean and mean and all it takes is a boost in sales to show a nice profit.
There is no doubt this stock is undervalued in my mind but that is because I believe the sales will follow these new releases with better marketing. That is why I said, "Be Brave boys. It is a good day to buy."
This is an interesting release. The guys are either on our side finally or I am CHUMP of the Millennium.
Quarterdeck Confirms Open-Market Acquisitions By Senior Executives, Board Members
MARINA DEL REY, Calif. -- December 30, 1997 -In response to press reports, Quarterdeck Corporation (Nasdaq: QDEK) today confirmed that three members of the Company's senior management and two officers from the board of directors recently completed open-market acquisitions of shares of Quarterdeck common stock as long-term personal investments.
Curt Hessler, president and chief executive officer, Frank Greico, chief financial officer, and Joseph Fusco, senior vice president of products and marketing, individually purchased Quarterdeck stock on the open market. Bill Lane and Howard Morgan, both on the Company's board of directors, also bought shares in Quarterdeck.
ABOUT QUARTERDECK |
