To: Jeffrey L. Henken who wrote (1099 ) 3/27/1999 5:00:00 PM From: Bill Fortune III Read Replies (1) | Respond to of 2662
Greetings Jeff and all. Just a thought here. Have you or anyone else on the thread ever looked at Viasoft Inc (Nasdaq:VIAS)? If by chance you or someone has maybe you or they could share some thoughts about it with me. As to the basic information about the company: Viasoft, Inc. provides business solutions that help organizations worldwide understand, manage, evolve, reuse, transition and modernize mission-critical applications that support their fundamental business processes. For the six months ended 12/31/98, total revenues rose 1% to $55 million. Net loss totalled $5.6 million vs. an income of $8.8 million. Results reflect broader professional services offered, offset by a $5 million write-off of acquired R&D and a $4.8 million restructuring charge. Current Price: 3 7/8 12 mo High: 32 ¾ 12 mo Low: 2 ¾ Book Value: $5.48 Cash on Hand: 79,000,000 Shares outstanding: 18.1 million Shares in Float: 13.4 million At December 31, 1998, the Company had cash and cash equivalents and investments of $79,271,000, representing a decrease of $24,334,000 from $103,605,000 at June 30, 1998. The decrease is primarily a result of the cost of the Systemhouse acquisition (See Note 2 of Notes to Consolidated Financial Statements), CASH USED IN OPERATIONS AND THE SHARE PURCHASES UNDER THE COMPANY'S STOCK REPURCHASE PROGRAM. Cash Value of stock: Based on outstanding shares: $4.36 Based on Float shares: $5.90 Profit Page:biz.yahoo.com Latest SEC:sec.yahoo.com Recent News:biz.yahoo.com SI thread:www4.techstocks.com RECENT TA CHARTS: RSI tscn.com Momentum tscn.com MACD tscn.com OBV tscn.com Bollinger Bands tscn.com CCI tscn.com Stochastics (VIAS has been in an oversold condition since late part of Jan and appears to be trying to break out of that) tscn.com Regards, Bill Fortune III