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player1234

04/29/14 10:38 AM

#236877 RE: dig space #236875

"It is rather strange that it is finally o.k. to judge performance on the basis of financial results, perhaps as a matter of convenience in order to perpetuate SKS worship. An improvement regardless of how it is motivated. "

Doing a search on "bean counters" on old posts brings up some interesting "views" of those who showed complete and utter disregard for the beans. Most of those posters have disappeared. Others are now taking the opposite view and pretending they were always in favor of the beans.

Oh well. You can't fix gullible.

tkc

04/29/14 11:05 AM

#236879 RE: dig space #236875

Hi Dig. I hadn't expected much improvement in billings Q1/Q4 as Solms in the CC told us not to expect much. I had $5.8M penciled in. Following the 25% comment, your 6.16 looks pretty good. I am very interested in the balance sheet performance. looking for a substantially improved current ratio (sans D/R), a nice cash position and the end of factoring A/R.

RootOfTrust

04/29/14 1:25 PM

#236887 RE: dig space #236875

I take it you mean revenues, not billings. In any case I can see in the absence of large order category (licensing 5000 seats and higher) billings there may not be, like Q3, much difference between the two.

Q3 total net revenues= $5.6m

Q3 total billings= $5.4m

http://www.wave.com/buzz/pr/wave-trims-full-year-2013-net-loss-revenues-244m