SI
SI
discoversearch

Technology Stocks : Vuzix Corporation-VUZI-A Visionary Pick?
VUZI 8.200+0.6%8:10 PM ESTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who wrote (225)12/14/2017 11:30:07 AM
From: The Ox  Read Replies (1) of 282
 
Cash was on the low side and this will help with that aspect of running the company. Unless there's real good news coming in the near future, it likely will cap the upside here for the time being. Looking at the stock's price over the past few years, this deal makes sense, especially if they are substantially ramping up production or see the need to do so within a couple of quarters.

Difficult to know what the cash flow will be going forward and if the past is a good reference, the new combined cash levels should be enough for the next year or more, especially if the stock gets above $7 and some of the warrants are exercised.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.