Thu, Jun 20, 2013, 5:38 AM EDT - U.S. Markets open in 3 hrs 52 mins
Why cash burn over 10M each quarter
How do you figure they are burning cash of over $10M each quarter?
Are you including the acquisitions in that figure? If you are, that would explain it. They are generating cash from operations.
It had above 150M last year. acquisitions cost 30M. The net cash is 70M now.The cash decrese 70M just one year.
It seems the cash can last one year.
because it's a horrible business
cash burn is going to increase according to the company
they've "undersold" the product
now they are in a death spiral
Sentiment: Strong Sell