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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!
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To: Hal Campbell who wrote (3073)2/22/2001 5:11:29 PM
From: Hal Campbell   of 4169
 
With the right off of Micronet they lost more like 15 cents per share it seems.Cash burn appeared, through my haze, to be about 5.3 million. With Micronet gone it should drop. Internet revenue appears to have been about 300 thousand. Continuing royalties dropped in 2000 ( even factoring out last years lump sum). They apparently plan to repay the bridge loan by selling then leasing back some real estate.

Surivival is still possible with any of several techniques, but there is no sign whatsoever of any progress in terms of cash flow. Everything is shrinking.
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