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Technology Stocks : SOFN - little ATHM

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To: flyboy who wrote (240)	9/20/2000 5:57:42 PM
From: kinkblot	of 261

Hi, flyboy. I bought a few shares this am. I decided to conduct a small experiment in High Cash / Price investing. Also High Burn in this case. However, it appears that the company has already moved to address that concern. This statement by the CFO from the last earnings release implies as much: "With regards to ISP Channel, we are managing for profitability and we are no longer managing for growth. SoftNet's growth potential is in its SoftNet Zone [Aerzone as of today] wireless local area network offering to be launched later this year in airports across the nation. ISP Channel is on track to improve its financial performance in the coming months." For Q3, adjusted loss per share due to the ISP Channel was $0.51 on a stand-alone basis, out of $0.70 total. So, an improvement at that subsidiary will also have a large impact on overall results. Asserting more control there is an intelligent strategy, imo. WT

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