Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: theory

By: tkc in ALEA | Recommend this post (0)
Fri, 26 Jul 13 8:34 PM | 28 view(s)
Boardmark this board | The Trust Matrix 		Msg. 14233 of 54959
(This msg. is a reply to 14232 by Cactus Flower)
Jump:
Jump to board:
Jump to msg. #

I understood, it's the day of the EoQ reported. Wave's accounting construct makes very hard to get clarity and project from. I seem to always forget that Dell's sales for the 3rd month of the Q is never included in A/R. That's now ~$1.5-$2M of cash flow that becomes available in 30 days or so. It's convoluted. I suspect Q 2 will show some rev increase and Op Ex reduction. We'll see soon.


 - - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: theory
By: Cactus Flower in ALEA
Fri, 26 Jul 13 8:04 PM 		Msg. 14232 of 54959

hi tkc,

i'm talking about the cash needs figure from the year-end financial statements. in the y/e financial statements, wave predicted it would likely require $6m in cash (over and above its cash from operations etc) in 2013.

not sure if the clock starts on the date of the statements or the day after the prior y/e. if it is the former, wave had already sold a $1m tranche of stock as part of its $6m total. if it's the latter, the $1m is excluded, meaning there's some way to go before wave's needs are exhausted.

« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next