Interland (INLD) Dirt Cheap Value Play Message Board

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Technology Stocks : Interland (INLD) Dirt Cheap Value Play

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To: Don Earl who wrote (1)	6/15/2002 10:41:14 PM
From: Don Earl	Read Replies (1) of 5

An already strong cash position will be improved by over 40 cents per share in Q3. biz.yahoo.com <<<The company also announced it expects to receive an additional $60 million in tax refunds this year due to the recent passage of the government's economic stimulus package. The company expects to record the tax benefit in its third quarter.>>> Projections are for free flow cash positive by August: <<<"Executing on our strategy of being a profitable, high-margin provider of standardized Web hosting services -- with a gross margin target of well above 50 percent -- we've continued to cull out unprofitable business, seizing the opportunity to eliminate nearly $3 million in low-margin revenue and replace it through the acquisition of higher-margin, scalable business. As a result, we've continued to improve efficiency and gross margins, and made significant EBITDA progress. In fact, many of the company's achievements in the second quarter, including acquisitions and operating cost reductions, aren't yet fully reflected in performance results, but should be realized in the third quarter. With the progress we have made, and the efficiency gains and scale we have achieved, we believe we are on target for our goal of achieving free cash flow positive(2) by the end of our current fiscal year in August 2002," said Kocher.>>>

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