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Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: Dale Stempson who wrote (5206)1/10/1998 10:41:00 AM
From: Michael Coley  Read Replies (1) | Respond to of 7685
 
RE: Account of COGS Paid for with Stock?

I'm not sure that they would include the stock value in COGS, but I'm not sure that it really matters. This company makes the heads, which shouldn't account for more than about 10% of the total unit price.

I don't think they're trying to be deceptive on COGS. I think they're just short on cash. What was the current ratio last quarter? 1.86. Not to bad unless they've burned a LOT of cash in the December quarter. That's very possible with the introduction of SparQ and all of the new advertising.

- Michael Coley
- i1.net