SI
SI
discoversearch

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 : DCI Telecommunications - DCTC Today

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pr-Ac Man who wrote (2893)2/22/1998 11:56:00 AM
From: Pr-Ac Man  Read Replies (2) of 19331
 
To Anyone:

I've been looking over the balance sheet on the 3Q filing, and I have a few questions/observations:

1) Can anyone explain why "selling, general and administrative expenses" went from nothing to almost $300,000 between 3Q 1996 and 3Q 1997?

2) While both sales (+358%) and gross profits (+273%) were much higher compared to 3Q 1996, expenses increased by +465%. That doesn't seem like a very constructive balance. Any comments? Are there any specific reasons why we should think that this trend will reverse in the coming quarter and beyond? I know that some of you have speculated about new revenues starting to kick in, but why will they outpace growing expenses?

3) Again, while gross profits increased by +273%, outstanding shares increased by +251% which seems to be a wash in terms of any implications for earning's growth (and that's assuming that the balance between revenues and expenses comes into line). Any comments?

Overall, I didn't see a whole lot to get that excited about. But I would be very happy to hear contrary opinions. Thanks.

PA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext