Viasoft is an excellent stock, but what about the company? Message Board

STOCKTALK

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 : Viasoft is an excellent stock, but what about the company?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Reno Frazzitta who wrote (129)	1/25/1997 7:15:00 PM
From: Roger A. Babb	of 169

Reno, compare the results for this quarter to last quarter: Last quarter revenue $14 Last quarter receivable $11.4 This quarter revenue $19.8 This quarter receivable $25.6 The increase in receivable for this quarter is $14.2. Thus the $19.8 revenue was made up of $5.6 cash and $14.2 increase in receivables. Receivables had been running at just over two months revenue, normal for this type of work. You do the work one month and it takes the client another month to pay you. Suddenly receivables have jumped to four months revenue, looks ugly to me! A little math also tells you that since the increase in receivables wwas much larger than the reported profit, they had a very negative cash flow. IMHO, VIAS will soon have a need for cash and is likely to issue more stock to raise it. Roger

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next