SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ISCO-Illinois Superconductor
ISCO 0.141-6.0%Oct 30 9:49 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ram Seetharaman who wrote (491)11/13/2000 11:28:01 PM
From: Wafa SHIHABI  Read Replies (1) of 524
 
Rather than using the term "lousy", I would probably use "meaningless". In fact until G3 starts to take shape, the financial results of ISCO, CDTS and SCON mean very little. (By the way SCON yesterday restated their FS for last quarter to include the cost of warrants).
If one is to rummage among the information on the release, the following statement is probably more significant than the actual financial data:
"ISCO had an order backlog at the beginning of the fourth quarter 2000 of 27 units to be shipped during the quarter to three major carriers. This order backlog does not entail the issuance of warrants to customers."
This is almost 10% of all units sold to date. But as I said, it is not G1 or G2 sales that will spell success. FWIW
Good luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext