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Technology Stocks : Cavion Technologies (NASDAQ:CAVN)
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To: cliff emohs who wrote (15)6/15/2000 2:13:00 AM
From: Kevin Savage   of 17
 
Is anyone still monitoring this board?

I am looking at this company, but am unable to determine if it its likely to survive for more than one year. According to their last 10K, their cash burn rate is 2.4MM per quarter. After their SPO, CAVN has about 4.8MM cash available.

Is there some pending change in their business that is going to get them to a cash flow break even point, or are there additional sources of capital available to this company? (I do not think, in the current market conditions, that sales of common stock, even private placements of preferred stock are feasible. Thanks to the FED, banks are becoming reluctant to lend to companies without earnings).

What is your realistic outlook for this company?
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