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Technology Stocks : Truevision
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To: john psomas who wrote (51)9/2/1997 12:25:00 PM
From: Lou Doctor   of 216
 
The charges we took in the fourth quarter appear in the COGS line, departmental expenses and the restructuring line so it's not easy for an investor to see what they would have been without the charges. However, our break-even was around $14M-$15M and sales were $10.8M. I'd say our operating loss would have been $2M to $2.5M excluding all charges. We have reduced our expense level to a break even in the $11M to $11.5M range, assuming our mixture of product sales come in as forecasted.

While no one wrote about us last year (I think that's ok), we have maintained a good dialog with several firms (Robertson has written on us in the past) that I expect will begin to cover us once we start delivering positive (in both senses) results.
Hope that helps. Lou.
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