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Technology Stocks : BackWeb Technologies Ltd (BWEB)
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To: Dave C who wrote (315)7/19/1999 12:08:00 AM
From: Wheats  Read Replies (1) of 584
 
Dave, While cash flow is currently negative, keep in mind that the IPO raised > $60M ($12 * 5M Shares). As revenue rises, the burn rate will decrease. But in any case, the cash just raised should be more than enough to tide the company over until operating cash flow turns positive -- again assuming revenue continues to grow as expected. We should know more on 7/22. BTW, there is so much buzz on this company; all positive I might add, that this has got to be good for future business.
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