CCEE Breaking Out Message Board

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Microcap & Penny Stocks : CCEE Breaking Out

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To: Sal Comunale who wrote (7130)	10/20/1997 1:33:00 PM
From: IncredibleHult	of 12454

Speaking of earnings, do you have any estimates for the 3rd quarter? Despite what GB predicted earlier this year I think the company will lose between 3 and 4 cents this quarter. If the trend continues from the first two quarters I think they will use between 2-3 Million in net cash for their operating activities which of course will be offset from the sale of securities. But it should leave them with less cash and cash equivalents for the period. Based on the CCC press releases it seems account recievables will be higher. My "guess " is about 8-10m for the quarter. I predict expenses to be slightly higher from marketing and selling mostly. Their net loss from operations will probably be about 3-3.5million and total loss about 4.2 million. With approximately 130 million shares out that is about a loss of 3 cents a share. This is only a very rough estimate intended to provide discussion on the matter. I think the major problem is the cash flow statement where the company continues to generate a loss from operating activities.

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