CAWS - Wireless Cable (New and Improved) Message Board

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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: .com who wrote (157)	11/10/1996 10:19:00 PM
From: Jim Lovejoy	of 5812

Scott: Yes CAWS is negative earnings BIG TIME. I specifically referred to a CASHFLOW estimate by StockSmart. Very different thing, but important, because cashflow will determine how long they can continue in business. Also, similiar businesses, cable and cellular, are valued on cashflow, NOT earnings, and I would expect the same of CAWS. Again I do not know how realistic (or current) the Stocksmart estimate of cashflow, ie -.05 for year ending March 31, 1997 and +.91 for year ending March 31, 1998 is, but if accurate, it would be good news for CAWS stockholders. JL

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