Prosoft Software (POSO) Message Board

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Strategies & Market Trends : Prosoft Software (POSO)

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To: Juergen Luellig who wrote (66)	12/17/1998 11:50:00 AM
From: PurePlay	Read Replies (1) of 90

Looking at POSO's Quarterly report, they are showing negative gross margins. If this is a result of rapid amortization of course development and if they have been allowing customers to cancel students from courses penalty free to gain business -- and they have changed this policy without losing their customer base -- POSO could begin to show a much more attractive gross profit in the future when start-up course development costs have been amortized. These are big ifs but coupled with what appears to be a very competitive product offering in Webmaster instruction, they should be able to make money. I am new to this thread. This is my intuitive take. Am I way off base here?

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