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Technology Stocks : LBRT - Liberate
LBRT 18.55-0.1%Dec 24 12:59 PM EST
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To: agent99 who wrote (403)5/17/2002 6:47:19 PM
From: Dave  Read Replies (1) of 409
 
Liberate has said, among other guidance, that it expects to become profitable on a pro forma basis by the end of the second quarter of its fiscal 2003, which ends Nov. 30, 2002.

It's all well and good to plan to be profitable on a pro forma basis, or on an EBITDA basis, or whatever, but wouldn't you rather see a prediction of profit on an earning-money-faster-than-you-spend-it basis?

Don't get me wrong, I like Liberate's product, and wish them well. But I want to see the potential for some profits before buying my "collector's stock certificate, suitable for framing or wrapping fish."

Dave
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