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Technology Stocks : BORL: Time to BUY!

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To: Sam Scrutchins who wrote (8991)2/8/1998 8:27:00 PM
From: David Miller  Read Replies (2) of 10836
 
That is because BI is fundamentally a stronger company than it was in '96.

When in 1996?

At the end of their financial year-end in March that year they had i) just declared a $14.3m profit for the year (on revenues averaging >$50m per quarter), ii) $75m in cash and near cash, iii) a $255m balance sheet with $172m stockholders equity and iv) 31m shares out there.

Compares with end FY97 i) $4.4m profit (for the nine month year, on revenues 20% per quarter lower) ii) $122m in current assets, iii) a $230m balance sheet with $107m stockholders equity and iv) 45m shares out there.

Which balance sheet/P&L combination is the stronger?

david
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