Wed, Jul 23, 2014, 7:05 AM EDT - U.S. Markets open in 2 hrs 25 mins

Recent

% | $
Click the to save as a favorite.

Saba Software, Inc. (SABA) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bush_league_scout bush_league_scout Oct 8, 2012 11:01 AM Flag

    Update

    The problem with additional unbilled hours, is that if the hours were against fixed price contracts, this could cause the gross margins to drop a good bit. I think SABA does a lot of services in India. Similarly, if those folks were charging to R&D, instead of billing against contracts, it will force adjustments there as well. This company has always been a mess. How their board has allowed Yazdani to remain as CEO for all these years is shameful.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Possible - but gross margins dropping will not impact net margins - after all we are only shuffling around costs. Your R&D point may hold some water - the inference though was unbilled hours - i.e. should have been billed to an external customer - not uncharged cost hours from a suppllier. This implies sloppy practice not lower margins - or am I just seeing the cup half-full.

      Stock down but on small volumes.

      • 1 Reply to togmundus2003
      • Bush Leaguer has it right. Both about the margins and Yazdani. I too hope someone is kicking the tires, but there aren't that many buyers out there now. When the music stops, sometimes there is a player who hasn't got a chair to sit on. May be the case with Saba, but I hope not. Fire Yazdani now. He has been a blight on this company and this market for 15 years and he needs to be sent away. I cringe at the amount of investor money he has wasted over the years. Get him out! He is more dangerous to investors than Obama.

 
SABA
12.45-0.05(-0.40%)Jul 22 3:09 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.