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Gold/Mining/Energy : SureFire Commerce Inc. (T.MTP) -- Ignore unavailable to you. Want to Upgrade?


To: Greg R who wrote (346)8/18/1999 8:14:00 PM
From: Nicholas Rainford  Read Replies (2) | Respond to of 669
 
Take a look at the numbers:

Assets- receivables (year-end)
1999- 991,234 mil
1998- 2.5 mil
A decline of 60%. Which will show up for next quarter, this is my major problem with MTP.

Assets- cash (year-end)
1999- 2.7 mil
1998- 5.5 mil
A decline of 51%. Maybe more share dilution coming?

Revenues- (year-end)
1999- 6.2 mil
1998- 7.1
A decline of 13%. Product is not so hot, look at the numbers.

Cash is low, revenue dropping with no receivable to save the day.
Please tell me why no one is on my side? We can sit here and analze everything I say, but my changed opinion is based on hard numbers nothing else.



To: Greg R who wrote (346)8/24/1999 12:10:00 AM
From: labs  Respond to of 669
 
Greg I am with you on this one, I agree about the underlying value of clients and product this is what is going to sell.