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Re: OMGA Hits New Lows



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In a bull market they can survive, in a bear market nobody is interested in
back testing their ideas as they see thier financial worth disappear. Paying
3 grand for $1200.00 software is crazy.
-----Original Message-----
From: James F. Mazzulla <tagteam@xxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Sunday, October 11, 1998 12:43 AM
Subject: Re: OMGA Hits New Lows


>>Does anyone in the list think seriously that OMGA will go bankrupt?
>
>Might be sort of premature to call it since, as of the end
>of 2Q, current assets were almost $28M while current
>liabilities were a little over $2M......quick ratio
><12......LT and ST debt were 0.0. Sort of hard to go
>bankrupt when assets exceed liabilities.
>
>I'd like to see the numbers for the 3Q though. One thing's
>for sure; getting TS5 out the door ASAP is imperative.
>
>Best regards,
>Jim
>