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Technology Stocks : RGFX Raster Graphics

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To: Sam Citron who wrote (177)	8/12/1997 2:40:00 PM
From: Jurgis Bekepuris	of 593

Sam, I got the info package from RGFX. The interesting thing is that RGFX had consistent negative operating cash flow for the last 3 years! It's incredible. I would have to look up some book to explain how they report a profit while having a negative operating cash flow. This quarter's earnings release does not include cash flow analysis. However, March quarter's 10Q shows a negative operating cash flow. Anyway, that removes RGFX from my investment universe. On to something else. [Off topic] I was not excited with HLIT's financials either, but I guess you are betting on future growth with HLIT. Good luck Raimondas

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