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To: StockDung who wrote (7914)2/16/1999 4:40:00 PM
From: Dave  Respond to of 27722
 
You guys are idiots!

The float is 7 million.



To: StockDung who wrote (7914)2/16/1999 4:57:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 27722
 
Look, NAVR has 67 thousand in cash, 81 Millions in A/R which exceeds the Q revenues by far.... and when you read the comments on "Liquitiy" they basically outline the use of 26.9M cash in operating activities.

Where do they get additional cash? They have a $45M bank borrowing facility but of which 19M appears to be borrowed yet. Another 1998 and they have to think over a new financing...

C.