VTEL: Anyone else follow this? Message Board

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Technology Stocks : VTEL: Anyone else follow this?

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To: Yeadon who wrote (660)	7/16/1997 3:10:00 PM
From: phoenix	of 1214

Yeadon, Would you be so kind to let me know where you are getting your information on projected financial information. $40-44 million is obviously an increase from last quarter, but how is one to analyze this number because of the inclusion of CLI? Ignoring CLI, Vtel has had profit for three consecutive quarters, and yearly revenues are up dramatically from last year. I understand that CLI was operating at a loss, but was under the impression that Vtel could handle the CLI loss in the short term without much impact. I guess I was wrong. Any idea what the breakdown in revenues between Vtel and CLI will be for the current quarter? Also, the PRICE/BOOK ratio for Vtel is less than 1. Any idea what it will be after including CLI? Thanks, Roger

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