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.
Microcap & Penny Stocks : OWLD OneWorld Systems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Y-fall who wrote (1474)1/11/1999 1:42:00 PM
From: Potato Farmer  Read Replies (1) of 1648
 
Y-
Just take note that they are losing money at the rate of about $2 million a quarter. They have about $6 million counting the last payment from Boca for the modem business. That gives them three quarters of life before they must show a dramatic turnaround in sales and profits.

With no magazines reviewing the product, no visible marketing or sales, no big partners recommending the gear, it is hard to see how that turnaround could happen. They're selling at the rate of 2-3 million per year. They need to sell maybe 20 million per year to break even. I can't see how. I've sold all my shares and will lurk on the sidelines waiting for any positive sign.

pf.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News