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Technology Stocks : Portal Software, Inc. (PRSF)
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To: Stephen M. DeMoss who wrote (230)2/20/2002 5:22:24 PM
From: captaintime  Read Replies (1) of 318
 
Hi Geoff,

The 5 cent figure is pro forma; actual GAAP loss is 14 cents a share. Looks like Portal is managing cash nicely through the current telecom trauma; burn rate very reasonable. I was encouraged by the addition of non telecom client last quarter and believe this bodes well for the future. Stock has been channeling from 1.90 to 2.40 a share. If there is further weakness in the NAZDAQ I expect this will continue until major telecom companies find bottom and recover.
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