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 : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (1188)	7/30/2001 6:18:12 PM
From: marcos	Read Replies (1) \| Respond to of 8273

cmi.v - it was a Yorkton IPO last fall ... there are still 13m shares in escrow, according to the cdnx site, 30.3m outstanding .... i just got to the stockhouse thread, here are two that address Yorkton involvement - stockhouse.ca. stockhouse.ca. .. briefly, Yorkton sold lots early on, following the IPO, but have been buying big the last few days ... Merrill the big dumper since monday last, 'a former director' selling, according to a release on stockwatch Ah, here's the management discussion and analysis from last financials - stockhouse.ca. 'Cash and cash equivalents were $3,207,273 at May 31, 2001 compared to $4,225,232 at November 30, 2000 for a reduction of $1,017,959.' ... so they should have roughly 2.85m in cash today? ... burn rate of 500k/Q ... when do revenues catch up, there's the question .... i wonder about what competitors they have, or will have in the near future ... and to what extent is their tech proprietary, to what extent are they resellers ... that will make a big difference in gross margins on revenue ... i can really grasp the concept as it is something i can see myself using, but don't really have a strong opinion on the stock yet, haven't had much time with it, got distracted by Real Life .... i did get filled for some more later in the day [edit] - the 'Last Mile Technologies' thread, that would be the place to ask about cmi.v ... maybe ... later i'll check it out ... used to have that one bookmarked, it was a great thread to lurk - Subject 4754 Speaking of revenues catching up to cash burn - a friend has worked up a scenario where cpt turns net cash flow positive within six months, possibly four .... but i don't know exactly what assumptions it's based on, we have to get together soon on another matter anyway, we'll get into it in detail then ... before long they'll close on the second b/d and the quiet period will be over, anyway .... glorious day here, time to go enjoy it, cheers