BB, NEA has had 3 successive quarters of net cash flow around $2 million dollars. Not bad for a company that isn't making profit!
Costs are relatively fixed, sales next quarter will include the first wave of the firewall plus any additions! The report today mentions they are getting daily additions to their client base and bare in mind they have done virtually no marketing.
Good products sell themselves and sales are not that essential, that is their model and word of mouth can do the trick. Tech support is needed for clients though.
Good buying in low 40s for mine, few people happy with the run selling into today but I expect it ti kick along next week.
NEA Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
