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Point.360 Message Board

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  • cpa38 cpa38 Aug 14, 2001 8:50 AM Flag

    CEO sold shares in March

    I was dreaming. Congrats on your profits. I love making moneyy on the short side. Wish I was short here. Can't win 'em all.

    Earnings were really not that bad. Cash flow is still strong. It's the cap ex that's hurting now. And, I am concerned about this issue:

    "The Company also indicated that it was in default of certain covenants related to its bank line of credit and that it was negotiating with the banks to obtain waivers."

    Luke sure is confident about growth going forward. Can we believe him?

0.62-0.09(-12.68%)Jul 31 3:10 PMEDT

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