EAG Eagle Broadband Message Board

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Microcap & Penny Stocks : EAG Eagle Broadband

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From: Arthur Tang	7/23/2007 11:57:52 AM
	of 74

Today, after hours, EAGB will report Q2 of 2007 results. Many of us are interested, and will try to estimate the revenue and loss. They have been spending about $6.5 million per quarter. The last quarter, they have $500,000 in service revenue, $2.25 million is regular business plus an extra of $2 million from set-top box sales. That puts them in between $4.5 to $5 million sales. So, the loss is estimated at about $1 million, if they had some cost reduction program in the works or some other income not reported so far. Or $0.015 per share(65 million shares outstanding after 10 to 1 reverse split last spring). My advise is never do reverse split, the shares just have more room to retreat. We expect continued set-top box sales and service increase in revenue. Next spring, EAGB will be turned around and profitable.

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