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Technology Stocks : Occam Networks OCCM
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To: Greg Peckton who wrote (10)2/17/2005 12:07:56 AM
From: X-Ray Man  Read Replies (1) of 31
 
Well, we are in positive territory. But they are still burning cash (albeit at a lower rate). There won't be any real legs under this puppy until another year of sequential growth and we are past breakeven on the balance sheet. Best yet if that can be achieved without another round of financing. Assuming they reduce the burn rate by 0.5 million each quarter going forward, they have a shot of doing that in 3 quarters with a couple million cash to spare. Then they are a potential acquisition, and we might make some real return on our investment.
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