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AUTHOR
DATE
SUBJECT
11
member
2/09/07 8:31AM
Bad Q
Max,
Definitely a very bad quarter. The key, obviously, is the magnitude of customer excess inventory. I am trying to get some more information on this front. This puts the company recovery into question.
Anton
David,
1) I stated the company was cash flow break even in their fourth fiscal quarter ending June 30, 2006 and had a cash flow deficit of $700,000 in the last quarter which is the company’s... login to read the rest
Anton,
Have some questions for you:
1. Cash Flow - You said that it was break-even last quarter, but it looks like it was largely a factor of reduced inventories and A/R. They still had an operating... login to read the rest
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