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Stocks Q / QAD Inc.


Subject:  Re: Take me to the River Date:  5/13/1998  11:38 PM
Author:  dunnowhy Number:  12 of 39

A thoughtful post; hard to answer all your points. I didn't quite dig out the details, but aren't the dso's trending down? A small point, I agree.

I am still accumulating modestly at this attractive price; I see not much downside. I am hopeful short term for good numbers Q1 and better ones, Q2.

I think Moyer (new CFO) is a good pickup; been there/done that at West. Digtial and Nat. Semi; should be able to manage earnings. They have been staffing up and expense look high, maybe that's why. I will be backing away if earnings are bad. I don't pay much attention to the restatement Q4 tho don't understand it. If no CFO, someone slipped up but they still made year numbers.
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