Universal Medical Sytems (UMSI) 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 : Universal Medical Sytems (UMSI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JPS who wrote (779)	1/1/1998 9:30:00 PM
From: HG	of 1672

JPS, IMO there are many reasons why this company could be cash poor. High administrative Payroll, not enough revenue, poor collections on accounts recievable, high bad debt ratio to revenue, high cost of doing business, low gross on the business they booked, high cost of goods sold, inventory imbalance, and in general a high operating ratio to sales. These are just a few of the reasons that UMSI could be cash poor. It would appear, and the operative word is appear that these people were more interested in seeing that their own pockets were full when they should have been concentrating on filling the company coffers for everyone. That's why the financials were so important. We needed to see what the problems are/were so we could analyze this investment. We have enough expertise on this thread to analyze their P&l and balance sheet quickly. Our problem, obiously is that they never gave us a chance. I still maintain that was done with purpose because they did not want their mismanagement out where everyone could see it first hand. Regards, HG P.S. Happy New Year Everyone. There are better days ahead.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next