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.

Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (229)	1/23/2001 12:25:20 AM
From: Mad2	Respond to of 289

Re: MALL is a scrappy company, inovative in creating stuff (UBID and a early benificary of the last IPO harvest period). They'll probably morph eCost and elinix into something saleable when market is hungry for more poker chips. Looking at MALL's earning report, they have a few suspect items on balance sheet. Of course on the surface they appear to have performed a magic act with .23 share earnings in face of >10% revenue decline. Specifically, despite a 10% revenue drop their recivbles increased 7.5 mil, cash dropped by 12 mil y/y and they have drawn on 17mil line of credit. They have a peculiar line under shareholder equity and liabilities (7.5 mil in defered revenue). On the surface I would question the quality of their earnings. That said they made Yahoo's number one slot for gainer of the day, over 128%. Interesting (and volatile) little company. Probably need to look at the full Q before giving credence to this earnings report. Also didn't to a Q/Q comparison to see when some of these balance sheet items kicked in, but none the less I don't have a appetite for MALL at the moment:?) mad2