100 bagger ?, page-230

  1. 2,193 Posts.
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    Also, tech stocks are not all the same. There are quite a few on the ASX with decent revenues but when you actually look at their bottom line, many spend a lot on sales & marketing rather than on the product or infrastructure. GSW actually have landed many big contracts with near zero sales or marketing. Yes, they've estimated bigger cash outflows this quarter but I think that is more to do with scaling their operations.
 
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