Silicon Investor (SI) -- The First Internet Community

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.

Biotech / Medical : PLSIA (Premier Laser Systems) -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (1734)	9/1/1999 8:38:00 PM
From: Tom Genna	Read Replies (1) \| Respond to of 1773

I'm sure that the T'seeker does good homework.....better than I. However i copied these figures from the 6/99 report from the news items provided by my brokerage firm dLJ. Is there supposed to be 10 Million listed elsewhere that i am missing?????? Condensed Balance Sheets June 30, 1999 (Unaudited) Assets Cash & cash equivalents $ 1,016,394 Restricted cash 2,050,000 Net accounts receivable 1,463,070 Inventories, net 5,244,864 Prepaid expenses & other current assets 600,164 Total current assets 10,374,492 Noncurrent assets (primarily intangibles) 10,664,689 Total assets $ 21,039,181 Liabilities and Shareholders' equity Total current liabilities 9,435,258 Total long-term liabilities 3,616,667 Total shareholders' equity 7,987,256 Total liabilities & shareholders' equity $ 21,039,181

To: Pluvia who wrote (1734)	9/1/1999 9:19:00 PM
From: Sr K	Respond to of 1773

I was only arguing the misstatement. Look at the numbers: <TABLE> PREMIER LASER SYSTEMS, INC. CONDENSED BALANCE SHEETS <CAPTION> JUNE 30, MARCH 31, 1999 1999 (Unaudited) ------------------ ------------------ ASSETS ------ <S> <C> <C> Current assets: Cash & cash equivalents $ 1,016,394 $ 888,767 Restricted cash 2,050,000 50,000 Accounts receivable-net of allowance for doubtful accounts & 1,463,070 1,342,917 sales returns of $1,965,116 & $1,997,158, respectively Prepaid expenses and other current assets 600,164 531,459 Inventories, net 5,244,864 5,797,054 ------------------ ------------------ Total current assets 10,374,492 8,610,197 In Reply-#1731 you said <<As of the Q filed Aug 16, PLSIA's Cash and cash equivalents were less than 900,000 while Current liabilities are 9.9 million!!>> Which column did you take those numbers from? And yet you argue in Reply-#1734 that <<Me 'n nobody "misstated" nuttin>>