News Focus
News Focus
Followers 1277
Posts 24590
Boards Moderated 8
Alias Born 04/14/2000

Re: timhyma post# 1026

Saturday, 12/28/2002 3:05:28 PM

Saturday, December 28, 2002 3:05:28 PM

Post# of 27114
It showed up on my scan that I routinely run on fundamentals.

The profits/revenues were artificial because it was a one-time patent deal. It managed to turn them from a massive loss to a nice profit.

Forgent's revenue jumped to $21.6 million from $6.5 million a year earlier, from a one-time $16.2 million patent revenue from its still-image compression technology.

So, it turned me off to it. They are actually losing money and declining revs. No thanks.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today