Gigoptix, Inc. Message Board

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Technology Stocks : Gigoptix, Inc.

GIG 10.70

-1.0%

Nov 3 3:59 PM EST

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From: tktrimbath	3/9/2007 11:11:20 AM
	Read Replies (1) of 148

Okay, let me summarize what I read from the earnings report so folks can tell me if I am wrong or right. They made $3,000,000, lost $12,000,000, but have $26,000,000 in liquid assets. So, even if they didn't have any revenue, they have enough assets to fund two years of operations (which is really mostly development at this point). Which means that owning LMRA is a speculation that some product will come through within the next six or seven quarters. Succint enough? Sound reasonable?

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