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Re: mineshaft44 post# 180

Saturday, 02/24/2007 12:35:42 PM

Saturday, February 24, 2007 12:35:42 PM

Post# of 887
MS44 - I know everyone is really into NXNO, but I have some doubts about the company as a whole. They do have a 5 year contract, but from what I can tell, there financials are pretty sloppy. They might be cleaning up their act, but I haven't seen anything to make me a believer - A lot of inventory - which I understand, but they make circuit boards and the one thing I've learned about companies like that is that technology changes quickly and a large inventory becomes worthless and a huge weight. I like the contract, but I'm hesitant with the financials and the industry - too much can go wrong for my money. just a thought to keep in mind - sometimes POS companies make a run and this definitely isn't a POS - but the fundamentals make me a little cautious...just thought I'd throw that out there...

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