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.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Life Coach who wrote (180)1/20/1999 1:36:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
Life; on MCNS; ok, please help me out/last SEC filings show 112k working capital for quarter ending 9/98 vs. 8,405 cash for prior quarter.

They say their expenses are 250K per month. Revenues for 3rd quarter were 238K, that's approx. 512k loss for the quarter, but they don't spell this out clearly in their SEC filing.

Company has spent 5.5M since inception in 1996. Consumer-centric medical info. available on their web-site.

News today from H&Q, but, the article is more about MCNS's industry than about MCNS itself.

Life, help me out here...all we see is a company with very little working capital, tremendous debt., continuing huge losses BUT, a great web-site and a booming industry.

Please tell us if our overview is incorrect....regards...sw