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 : Optimal Robotics Corp. (OPMR) -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (249)7/25/2000 5:55:50 PM
From: Obewon  Respond to of 325
 
My post over on Yahoo!

Looks to me that sequentially from 1Q2000:

Income Statement:

Gross Margins - increased to 25.8% from 24.9%

Operational Expenses - increased to 18.8% from 18.5%

Investment Income - increased to 7.3% from 3.0%

Operating margins (adjusted to remove non-operating investment income) - increased to 7.0% from 6.4%.

Balance Sheet:

Two notable items -
1) inventories have increased - probably due to starting up its own manufacturing operation (raw material, work-in-process and finished goods where only
finished goods existed before)
2) receivables are higher than I would have expected - terms of credit extended to customers should be examined further. (One possible explanation -
Wal-Mart demands very favorable credit payment terms from its suppliers to keep its cash flow low.)

Valuation Guy