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.
Technology Stocks : Remedy Taking a hit why?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Berger who wrote (72)1/28/1997 10:42:00 PM
From: Larry Abrams   of 763
 
Hate to rain on the RMDY bull party, but check out DSO
DSO (Average days receivable) increased to 75 days from
last 3Q's 63 days--a significant rise. CLFY got rained on
even though they had a good upside suprise because their
DSO increased from 66 days to 84.

Given that RMDY obtains 41% of sales through VAR channels,
one wonders if they did some channel stuffing.

Also, several other companies is this area had similar upside
suprises --relative to Zacks concensus--and not much happened
upside the day after the announcements.

To recap,

SEBL -- Zack's .05 vs Actual .0625 ---stock down the next day
VNTV -- Zack's .08 vs Actual .12 --nothing much the next day
CLFY -- Zack's .09 vs Actual .13 -- stock DOWN 10 points next day

This is a very volatile group in a very volatile market. Simple logic
that if company beats consensus by 30% ( Zack's .17 vs Actual .22),
then it should go up the next day doesn't always apply here.
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