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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 387.34-1.1%3:54 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: WW.com who wrote (32398)5/17/1999 11:53:00 PM
From: Q.  Read Replies (3) of 33268
 
Two more quarters like that, WW, and your beloved company will be out of business.

They've got enough cash to make it into September. Not a nickel more.

If somebody actually wanted to buy this company, they would be smart to wait until then to do it. Distressed merchandise sells cheaply.

But I don't think anybody would want it.

I realize you don't care about fundamentals, or balance sheets, or anything as dull as that, but for those who do, here's something interesting:

Inventory is down to $357,990. It was $568,333 in December.

Why are the letting inventory drop? It's now down to less than 45 days sales. This doesn't sound like much of a product ramp-up, does it? Sounds to me like they've accepted that revenues just aren't going to go anywhere.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext