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Websense, Inc. Message Board

  • jacquelinesandiego jacquelinesandiego Aug 11, 2012 12:00 PM Flag

    What happened to cash?

    What happened to WBSN's cash? They used to have $90M cash and I no debt. Now they seem to have (according to Yahoo Financial) $60M cash and $68M debt. Did I miss something? (buy backs, a past quarterly loss, an acquisition or ??)
    I am considering buying the stock (you will know when I do based on the frequency of my posts).
    When they were very vocal about seeking to sell the company that tactic rarely works. Now that they are quiet maybe something will happen.
    But my main question is: What happened to the cash?

 

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