ADFLEX SOLUTIONS ( AFLX ) 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 : ADFLEX SOLUTIONS ( AFLX )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave Mansfield who wrote (652)	5/6/1999 8:57:00 PM
From: Zeev Hed	of 718

It seems that the plants and equipment is no more than three maybe five years old and does account for a big chunk of the book value. Looking more into the details of their head count and sales, I am surprised that they have such small losses when their sales per employee are about $38 K. What also struck me is that their backlog has been decimated (from $55 MM two years ago, to $44 MM last year to $20 at their last 10K). Maybe the market think that their sales are not going to reach 50% of last year sales with such a small backlog. Are they losing market share to competition? They sure need some head count reduction if they hope to survive. I think I can understand why the market has pushed this issue down that much. Anyone knows if they have a fighting chance to get back to sales levels in the $300 to $400 MM (for which I believe they have capacity)? Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next