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.
Technology Stocks : ZOOM : is the Best / Most Underpriced Stock on Nasdaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shane forbes who wrote (2281)10/12/1998 7:09:00 PM
From: David Lawrence  Read Replies (1) of 2493
 
Like I said, it could be worse.

>>(By way of contrast ZOOM was POSITIVE 5 MILLION dollars in operational cash flow.)

While true, it's not exactly being driven by positive operations. When you don't create new receivables because business is slow, and reduce inventory levels for the same reason, and take charges to write down inventory, you add cash. Sooner or later the burn rate will catch up to it. Still, better than HAYZ...... for now.

Zoom is a public company with more than $100 million in sales in 1996. Founded in 1977, Zoom went public in 1988 and is traded on NASDAQ under the stock symbol ZOOM.

And what of 1997? They've already report two quarters of 1998. I noted on-line annual reports for 1995 and 1996, but surprise, no 1997.

Ah, but my negativity is showing again. :-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext