INSP Investors Research Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : INSP Investors Research

INSP 81.73

-2.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: howsmydrivingal who wrote (629)	7/23/2002 6:45:21 PM
From: howsmydrivingal	of 787

I noticed that the earnings release led with the merchant processing numbers. INSP has found a way to keep the business alive while it attempts to crack into the lucrative wireless market. Wireless markets have yet to really take off and INSP is controlling costs enough to give themselves a chance at being around when wireless does take off. Burn rate has lowered, but so has revenues as SGA was reduced about 4.4 million from Q1 to Q2. SGA is to further reduce into next quarter, Cash used in operations was 9.? million, of which, 4.3 went for a buyout of a lease. This action is to save some future $$. As far as the searches INSP provides that are paid for per search, they sold 3 billion searches. I believe this number is down from 4 billion or 4.4 billion. I will try to look that up. Ed Belschiem put a positive spin on INSP stating that with the three independent business operating under INSP, the revenue streams are diversified and broad enough to give INSP security.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next