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Technology Stocks : NeoMedia Technologies (Bears Board)

NEOM 0.0001000

0.0%

Oct 31 9:30 AM EST

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From: brewskih	5/15/2008 3:38:52 PM
	of 194

First lets analyze GAVITEC sine some VERY MISINFORMED posters have claimed that Gavitec was Neomedia's savior. Those same posters in another forum, also claimed Gavitec was the industry leader in bar code technology, and had the worlds best solution. You look at these numbers and see if they compare to a SYMBOL TECHNOLOGIES or INTERMEC or any of the other competitors in this space. Total hardware sales revenue was 67,000.00 for the first 3 months of 2008, after all those new deals signed and in effect in phillipines etc.(WOW) Keep in mind this revenue is down from the year ago period, and I believe down quarter over quarter as well. Thats a whopping 22,000.00 a month in equipment sales and they are the leader and NEOM savior? Then there is their supposed best of breed software application called Lavasphere. Total revenue from this for the same 3 months was 24,000.00 or 8,000.00 per month. And they have the supposed best application available? Their total revenue produced no gross profits, in other words every dime of revenue went out the door in upfront costs to produce the hardware, as well as their lavasphere revenue as well. Total revenue from gavitec was 148,000.00 for 1st quarter, which resulted in a loss of 545,000.00 for the same period. Losses are about 4 times revenue. Now thats what i call an industry leader NOT

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