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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (2627)7/13/1999 3:16:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 19428
 
Your right, China.com looks questionable. CLCX is todays' gift. Looks like it is trading in sympathy with the other computer education/software companies like APOL and SLVN. Many problem with this one: CLCX is outta cash April $4.2 million down from $7.6 prior qtr (June not filed yet), has lawsuits with state governments of Illinois, Texas, Maryland et al.

Reported 06/06 lost 6 cents and September estimates are for a loss of 27 cents. On a per share basis with 17.5 Million shares out, looks like June probably gobbled $1 M, leaving $3.2 M, september would chew $4.7 M through to negative cash. Receivables ballooning.

Old Mo name that got found out, Millberg Weiss lawsuits blah blah. goes to zero.