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.
Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken Brown who wrote (1993)11/12/1998 9:26:00 AM
From: TRIIBoy  Read Replies (2) of 2506
 
A preliminary analysis of VTCH (mind you this is before the 10-Q).

Inventory rose for yet another quarter, and has risen 81.6% versus a sales increase of 51.6%. As all retailers in Brazil, they are feeling the pinch as inventory rises as people stop or slowdown their spending habits. The problem with holding computer parts is that they become obsolete a car does not. I have mentioned in the past how car dealers have 40 days of inventory now, instead of the normal 15 in Brazil, its not different for a PC company.

Look at what their cash has done in the last year, even with selling their accounts receivables and doing more dilution and debt, their cash is plummetting.

Watch out below, further analysis to come, but I am listening to the JetForm conference call right now, heh heh heh...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext