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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: MGV who wrote (833)5/3/2000 9:16:00 PM
From: Oeconomicus  Read Replies (2) of 1013
 
Actually, they get paid per customer, not transaction, but if everyone is disappointed about DC customer growth, does anyone know what DC customer counts any of the analysts were expecting?

Regarding the company's cash position (might have been tuck's comment), it should actually be very strong. Adding depreciation, amortization and the other non-cash charges back to net, they were +$11 million and, considering that the $35 million was a gain and the sale proceeds would have to be something higher than the gain, then they must have something north of $80 million in cash (ignoring changes in working capital accounts). That should cover them for a year at least, even if things continue to progress slowly. I wouldn't worry about more stock being sold by the company in this environment. Only by panicked and broke speculators

Just my 2 cents,
Bob
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