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Technology Stocks : Advanced Switching Communications, Inc. ASCX

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To: Tech Master who wrote (19)12/15/2000 8:36:40 AM
From: RRICH4  Read Replies (1) of 29
 
CEO Interview twst.com
Mr. Mostafa: The company went public in October and raised $100 million
in cash and our cash balance is close to $120 million. We forecast that
this cash will take us past the point of cash flow break even.
Mr. Mostafa: Investors have to recognize the market we are addressing
will be a $16.3 billion market by 2003. This market is in the beginning
phase of deployment. We are in at a very early stage and we are well
positioned to be the leader in this growing market
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