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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM)

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To: Shane M who wrote (481)1/5/1999 6:57:00 AM
From: Wallace Rivers  Read Replies (2) of 721
 
Shane:
From an interested observer with no DSTM position, I think your synopsis is pretty close to the mark. I like the company, but one should be aware that the q is not in the bag.
FWIW, I have read some research reports, and some of the issues with the company are less rapid license growth, greater a/r outstanding, high e-commerce market competition, and a balance sheet with diminished strength.
Any comments on these would be most appreciated. I particularly don't understand the balance sheet issues - the company has only about $300 K in debt.
Also, the comps. and growth still look pretty good, and a pretty significant discount to the growth going forward.
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