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Technology Stocks : Westell WSTL
WSTL 6.020+0.3%Nov 28 9:30 AM EST
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To: Sir Auric Goldfinger who wrote (20062)8/16/2000 1:11:52 PM
From: Rich Wolf  Read Replies (1) of 21342
 
Sorry, Auric, WSTL did indeed 'make money.' Their COGS and overhead were less than their revs. As BWAC, Rainmaker, et al. pointed out, the neg cash flow was just receivables, inventory, and some new equipment.

They're growing the business, cash outlays will pay back in future Qs. As shareholders, that's what we want them to do with the money.

Your implicit claim seems to be that it costs more to make the products than they were sold for. This is incorrect. But you knew that.
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