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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Maverick who wrote (1799)1/23/1999 11:47:00 AM
From: micromike  Read Replies (1) of 2018
 
Investors unforgiving for Hummingbird shortfall
canoe.ca
Reaction was swift and severe yesterday, the day after Hummingbird
Communications Ltd. posted a year-over-year drop in fiscal first-quarter sales and profits.
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It's funny that the article didn't mention about Hum cash on hand.It appears that they are moving from short term investments to cash. Short-term investments 20,205,000 from 83,108,000
CASH, END OF PERIOD $122,309,000 from $46,915,000 and that's US green backs.
I'm no accountant so I don't know if they can just put it back into short term investments. Could this be a signal that Hum might be in the buying mood?

JMHO
Mike
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