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Technology Stocks : Mercator Software

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To: TEDennis who wrote (4)1/31/2003 9:41:32 AM
From: Mike M   of 68
 
Re:<<According to the guy who built that list, they're "earnings neutral". I don't know how or where he got that info. But, considering the reduction in 4th qtr cash burn that was noted in a recent PR, there is a chance.>>

Yeah, that PR suggests they had projected a $7M cash burn.

mercator.com

<<Additionally, the Company expects to report little to no cash burn (i.e., net reduction in cash position) independent of financing activities in the fourth quarter of 2002 and cash and cash equivalents as of December 31, 2002 of approximately $29 million to $30 million. As previously stated, the Company had anticipated a fourth quarter cash burn in excess of $7 million. >>

First quarter pickups might make for positive cash flow in their immediate future.
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