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.

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

To: Thomas DeGagne who wrote (656)	1/23/1998 7:59:00 PM
From: PeakClimber	Read Replies (1) \| Respond to of 1195

> Wall Street seems to be ignoring...< Wall St just represents the market/demand situation. I'm not on Wall ST but one reason for the caution about OTEXF could be their DSO. They have $11mil in receivables for $10 mil in sales. This is just too high. DCTM, for example, has about 70 days DSO. The >100 days for OTEXF makes even a person like me (with no accounting background) suspicious as to whether they're stuffing their channels or otherwise recognizing revenue in a aggressive way. I'll wait to see how this number changes as they go forward before buying any stock! If customers are satisfied and pay up, DSOs should go down and that would be a good sign that OTEXF's not just selling shelfware :-)