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Technology Stocks : Interactive Objects Inc.
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To: raydit who wrote (156)11/19/1998 9:17:00 AM
From: Cro-Magnom  Read Replies (1) of 197
 
Raydit,

After a couple of e-mail requests to the company for an investor packet, I finally did receive one. I was disappointed in the response time, but the packet itself I felt was fairly good. I don't recall what financial information they included, but you should be able to view the statements online yourself on the EDGAR database:

www1.freeedgar.com

As I said in my last post, you need to type the company name rather than the ticker symbol. In my opinion, for a microcap stock the balance sheet isn't that bad. They have about $5 million in cash (as of 6/30/98) although they're spinning off big losses and have a high cash burn rate.

I have no insights into why the stock price has tanked recently, and, although I seem blase, I'm actually a bit concerned.

Good Luck!
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