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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.310.0%Dec 26 4:00 PM EST
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To: Bill Cotter who wrote (35654)12/27/2001 2:05:47 AM
From: Johnny Canuck  Read Replies (2) of 69287
 
Bill,

I see that RRRR has 65 mil in cash, a quarterly burn rate of 3 mil and potentially another $1.41 per share in value due to the XMSR holdings, but the fact that their revenues have shrunk to 25,000 last Q is really scary. It appears they have no viable business except for their cash and the XMSR shares. Am I missing something in their business model?
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