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Wix.Com Ltd T.WIX


Primary Symbol: WIX

Wix.com Ltd. is an Israel-based company engaged in the provision of a website building platform. The website building platform belonging to the Company enables businesses and organizations to take their businesses, brands, and workflow online. The Company provides solutions that business owners can use to incorporate various aspects of their business on their websites, such as selling goods, making reservations, and scheduling and confirming appointments. The Company provides front-end solutions, as well as a back-end management dashboard. The Company has developed software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user without the need to write code.


NDAQ:WIX - Post by User

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Post by Super_Cycleon Feb 23, 2011 11:19pm
445 Views
Post# 18184883

Cash?

Cash?Does WIX have enough cash to drill their other prospects or do they have to go back to the market?
If the market is looking for a financing it might explain some of the positive analyst reports...OR, they have enough cash to self fund and there's lots of upside potential.
Thanks for the info if you have it.
Cheers,
S_C
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