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.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Clarke who wrote (13005)8/3/1999 4:44:00 AM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
KC; on CDNO; 130% as you know, increase in rev's due to acquisition does not reflect the true story; the company's primary business was down over 50% in rev's and their cash situation seems to be deteriorating;

the huge increase in common shares (and dilution) seems to be due to the lack of cash available for acquisitions...so, they used stock;

like you said, this is a wait and see situation; if the digestion of acquisition goes smoothly, this could be a real turn-around situation;

I'll be keeping an eye on CDNO; sw