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 : Inference Corporation--Growing 100% and still inexpensive -- Ignore unavailable to you. Want to Upgrade?

To: Ron B who wrote (1177)	2/26/1999 12:07:00 AM
From: Sethpop	Read Replies (1) \| Respond to of 1246

With regard to two questions you raised...without seeing 10-Q and management's discussion here are two possible answers: a.) Interest income may have come down because depending on their tax status...they may have shifted into AAA insured tax-free munis which many corporations are doing because their net after tax yield is higher than treasuries? Also, my guess is that there was a "runoff" of higher yielding one year instruments that may have been bought at 3Q 97 when rates were higher and replaced by shorter term and lower rate instruments in contemplation of using cash for acquisitions. b.) At the end of last quarter their stock price was $4 and at the end of this quarter it was about $7. Thus options that were priced at $6 might not have been considered in "fully diluted" share count at end of last Q...but would be for this Q. I also listened to the conference call and came away with the feeling that they were being very low key...and that the future performance would speak for itself. Perhaps after so many prior mis-steps and now having a few good quarters and some momentum they want to be very careful about not "hyping" quarter to quarter...They certainly sounded very bullish about the longer-term prospects...and their 4 strategies seem to be appropriate to move them as rapidly as possible towards ringing the cash register.