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Message Boards Settings Trans-Lux Corporation (TLX) - Quote Info
Re: TLX --NEXT SKYROCKET?---ONLY 2M shs o/s     21-Aug-09 02:37 pm    
Bang_the_table, I don't think TLX is really one you will want to bang the table on. This company has been slowly dying. They have reported exactly one profitable quarter out of the last 16 quarters. Revenues are declining, and they are bleeding cash. There is nothing left to sell to continue to fund the operating losses, and no lender will lend because even the secured debt is underwater, and there is a mountain of unsecured debt after that. This company should be out of cash and in Chapter 11 by year end, by my estimate. I expect it will be a liquidating 11. There is nothing here for an investor except for future woe. Why pump this company? Have you looked to see how much debt they have, and what price it trades at?
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Eggplant101


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TLX might be the next to skyrocket imo.......check the ...
bang_the_ta... Rate it 21-Aug-09 12:23 pm  
 
Re: TLX --NEXT SKYROCKET?---ONLY 2M shs o/s
Eggplant101 Not rated 21-Aug-09 02:37 pm  
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Trans-Lux Corp. (TLX)

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