Scott you stated" You act as though PRST is broke and has no sales. Even using your worst guess at sales and revenues, it should leave them with cash reserves."
Do you know how to read a trend? Below you will find the net free cash position of PRST since Q1 96. Net free cash is defined as cash+ marketable securities- borrowings.
Q1-96 21,534,423
Q2-96 18,769,503
Q3-96 15,003,789
Q4-96 10,133,720
Q1-97 4,180,112
Q2-97 4,431,595
Q3-97 568,463
"Let me try to show you the error of your ways. Your fear mongering is really beginning to look a little thin."
I can back up my points with facts. Can you? Not thus far.
As far as fearmongering, I thought that this was a forum to exchange views. The only fear that I perceive is yours. |
