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FLIR Systems, Inc. Message Board

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  • jagad5 jagad5 Nov 29, 1999 12:22 PM Flag


    I took a quick glance at the financial figures
    from Wescam. Interesting company. I can not make any
    comments on who the scam artists are as I have not been
    involved as a customer.

    I did notice a couple of
    things that worry me about WSC.TO. The company's
    accounts receiveables and inventory have grown much faster
    than sales the last couple of years. Sometimes that is
    a warning that 1) they are giving easy sales terms
    (long time to pay) and 2) the product isn't going out
    the door. This was a kiss of death at Commodore
    Computer (and was there for all to see for a couple of

    These are preliminary observations. Lunch time isn't
    long enough to do complete due diligence by myself.
    Perhaps someone has already explored these issues and can
    provide insight that will save me time. Or perhaps
    someone can pick up where I have left off at this time. I
    also did not completely check out these ratios for
    FLIR so they may be in the same



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