They need to grow their customer base, ... They had a nice compound growth rate until you compare the March 1998 quarter with the March 1997 quarter. March 1998 sales are flat with the year-ago quarter. That's not a good sign in an intensely competitive industry.
More Quotes from Francis Gaskins:
People will just walk away if they don't have a healthy income statement.Francis Gaskins
It's a small offering, and the losses don't bother me because they have a new product they're just starting to ship. I can see the consumer benefit.
Francis Gaskins
This is just another in a long series of companies which are raising public money to pay AOL and Yahoo, who end up being the real winners, ... If this company goes public, it will definitely prove my theory that fund managers in general do not read prospectuses.
Francis Gaskins
Accelerated is in a really sweet space, ... They're a voice and data gateway.
Francis Gaskins
The greed is back, that's always under the surface. The speculation is back and people are trying to get in before the stock triples.
Francis Gaskins
It's a branded company that has been recycled and shuffled between private equity firms. They're a leader in the market, so they're tied to market growth, which is modest.
Francis Gaskins
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