NEXAR Technologies : NEXR Message Board

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Technology Stocks : NEXAR Technologies : NEXR

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To: mike mulhearn who wrote (49)	1/3/1998 4:56:00 PM
From: Marty	Read Replies (1) of 109

mike, Thanks for the contact info at Nexar. If I decide to take a position I'll contact Craig. As a general rule I look only at external company sources initially to avoid being talked into stuff. I once got talked into taking a flyer on a penny stock recommended by First Jersey Securities. A few months later they (FJS) were "featured" on 60 minutes! Of course I'm aware of the relative newness of NEXR. They are just under 3 years old. Still, not particularly new in the rapid changing PC field. What does concern me though is their serious, near future cash problem. And look at the finished goods situation. They stated parts shortages as the cause of their bad quarter yet they ended it with 2.5M in finished goods. That's a big percentage of revenues and suggests product mix difficulties. Anyway, my generic "advice" is to read Edgar filings on any potential investment as well as the filings from competitors. Perhaps you see solutions to the likely cash crunch that aren't apparent to me. I do like their anti-obsolescence concept. It's the $'s that make me run. -Marty

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