NEOM Message Board - Msg: 14640523

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Technology Stocks : NEOM

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Oct 28 12:54 PM EDT

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To: levy who wrote (114)	10/23/2000 12:31:40 PM
From: Pareto	Read Replies (1) of 143

levy, if you analyze their third quarter results, you see that their core business is generating a gross loss as well. They resell and integrate systems. That means, you buy and resell and in between, you add value. They sold for 354K less than they bought their goods. siliconinvestor.com Value of goods bought: 4.007 Value of goods sold: 3.653 Gross loss: 354 Other revenue: License fees: 117 Service fees: 279 Total gross profit: 42 Operating cost: 3.597 Net loss: 3.555 The announcement does not include any explanation why they are reselling products at a loss. Be careful Kind regards, Pareto

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