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Technology Stocks : Alphanet Telecom, WOW !

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To: RBMac who wrote (50)11/13/1997 9:35:00 PM
From: wynn quon  Read Replies (1) of 117
 
You wrote:

"...Moreover, the profit from Innfax helped to lessen
the debt load created by the other part of FAX's business."

Is the Innfax business profitable? From the results of their last quarter ended August 31:

Revenues from Hospitality business: US $2.0M
Operating expenses: (US $2.9M) and
depreciation expenses: (US $1.1M)

I assume the depreciation expenses can be mostly attributed to the
hospitality business, but it's unclear how much of the operating expenses belong there....could go either way.
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