CPSX-CERAMICS PROCESS SYSTEMS Message Board

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Technology Stocks : CPSX-CERAMICS PROCESS SYSTEMS

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To: GARY P GROBBEL who wrote (178)	11/21/2002 11:47:32 AM
From: Findit	Read Replies (1) of 181

Gary just filled a month old low ball offer at .32. Maybe I can get lucky again with another trade here. CPSX is definitely risky as can be gleamed from the 11/14 10Q >>The Company financed its working capital requirements during Q3 2002 and the first nine months of 2002 with funds from existing cash balances and funds provided by product sales. The Company has an accumulated deficit of $31,093,003 at September 28, 2002 and a net loss for the year to date totaling $328,192. Management believes that cash flows from operations and existing cash balances will be sufficient to fund the Company`s cash requirements for the foreseeable future. Failure to generate sufficient revenues, raise additional capital or reduce certain discretionary spending could have a material adverse effect on the Company`s ability to continue as a going concern and achieve its business objective. The Company continues to sell to a limited number of customers and loss of any one of these customers could cause the Company to require external financing. << but they do have some time left and a bounce or two could be left. What say you? Jim

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