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No. of Recommendations: 3
I still want to know where the cash is if I'm going to buy this stock at this price. According to the cash flow statement in the Q, the company burned more than $7mm in cash in the quarter as a result of a $3.3mm increase in receivables and a $7.1mm line for earnings in excess of billings.

I've been led to believe their revenue recogniton is aggressive here, which means I don't really know what to make of their better than 20% sales growth.

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