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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO) -- Ignore unavailable to you. Want to Upgrade?


To: Pat Jacks who wrote (341)11/27/1998 12:54:00 PM
From: Alan Lynch  Read Replies (1) | Respond to of 385
 
It does not appear so at the moment.
Reading the 10Q report there are grave concerns about cash flow.
Current management will have to create some new business very quickly to alleviate at least, concern about this situation. Having a stock portfolio you cannot trade with for another couple of months is not a comfortable position. Do you get the feeling the co. is walking a tightrope at the moment?
WavePhore business is a bit alarming in that it does not identify if the contract was winding down and therefore expected, or they were dissatisfied and cut it short. What is management doing to replace this shortfall? Either way, it is alarming in the way K2 has chosen to present this info.
Can anyone clarify?
Regards,
Alan