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.

Biotech / Medical : PLC Systems -- Ignore unavailable to you. Want to Upgrade?

To: Oblivious who wrote (809)	4/29/1998 6:42:00 PM
From: Oblivious	Read Replies (1) \| Respond to of 1202

Joe Kernan on CNBC gave an in depth discussion about PLC (tmr and earnings that beat the street). Also said the story is ahead for PLC not with this earnings (loss) report. Nice exposure. Good Luck, Dave

To: Oblivious who wrote (809)	4/29/1998 6:46:00 PM
From: Richard James	Read Replies (2) \| Respond to of 1202

Anyone have a comment on PLC's balance sheet, something I have difficulty studying. CONDENSED BALANCE SHEET March 31, December 31, 1998 1997 Cash, cash equivalents and marketable securities $12,957 $16,329 Total current assets 17,126 20,680 Total assets 23,759 27,017 Total current liabilities 4,540 7,887 5% Convertible Debentures --- 3,819 Shareholders' equity 19,116 19,009 Total Assets are down $3,258M, but current liabilities are down $3,347M. Shareholder's equity is up $107M. Partially, I assume, because $3,819M in convertible debentures no longer exist. (Were they converted into common shares, and if so, should shareholder equity be viewed as $15,297.) Is the important thing here that cash and cash equivalents far exceed total liabilities? A healthy balance sheet? Richard James