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Technology Stocks : TEAL
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To: Allen Furlan who wrote (137)2/9/1998 3:21:00 PM
From: Area51   of 160
 
Allen, Are you still evaluating this? Seems 'financially viable' with a current ratio of more than 5 (though their ability to manage their business seems questionable). As I understand it, the balance sheet isn't much in question. They just might have to change some Accounts Receivable back to inventory, is what I'm thinking. I added some at 1 3/16 today, but this is still a small position (<1%) for me until they indicate they can make a profit some day.

Seems Bosco doesn't even want to think about this one anymore. Can't blame him for that. Probably too many painful memories.

Regards,
Garry
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