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 : DIGL... Digital Lightwave.... Making Waves.... -- Ignore unavailable to you. Want to Upgrade?


To: squirrel who wrote (254)1/16/1998 5:40:00 PM
From: Mahesh  Read Replies (1) | Respond to of 934
 
Squirrel, I have seen the product and was impressed with it. On eo f my earlier posts details how I came across this product. The company has been picking up new customers (12 last quarter) and shipped 262 boxes last quarter. The company is also enjoying repeat business. This data can be found in the SEC filings. Reasons for gross margins reductions are also explained in the SEC filings, but even after the reduction in gross margin, a gross margin of 67% is excellent.
Mahesh



To: squirrel who wrote (254)1/22/1998 8:11:00 PM
From: squirrel  Read Replies (1) | Respond to of 934
 
"Is there a logical explanation for the disproportionate rise in Receivables for the third quarter? It appears that every dollar of revenue from the 3rd quarter stayed in Receivables and that about half of the 2 quarter's sales were still outstanding."

A logical explanation might be that inventory is sitting on distributor's shelves rather than in the hands of end users.