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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: angel who wrote (1690)12/24/1997 5:45:00 AM
From: tech  Read Replies (2) of 3391
 
angel, I was going to give you the benefit of the doubt, but your last post proves that you are truly talking about things that are way over your head.


"LETS DO THE MATH. If the LSI contract is 3 mil lines and they get .33 per line then that is 1 mill dollars. They would need 19.6 of these size contracts just to break even!!! At the rate of one contract a year, they would be break even by about 2017!!!"
- angel

what brilliance, what fabulous deductive skills you posses. Tell me what are you doing playing in the stock market, I think, with your brain power, you should be building rockets for NASA or something.

Sorry, but I have to correct your LIES and MISINFORMATION

1. CSGI's burn rate is ONLY approx. $4 Million a year

2. At $.33 per line, it would only take approx. 4 contracts the size of the LSI one for the company to break even. THAT IS THE WHOLE POINT!!!!

3. (this is my favorite) Yeah genius CSGI and other y2k companies only plan to do 1 contract a year for the next 17 years. Brilliant !

I think you may do a lot better if you find a nice mutual fund to invest in. These speculative stocks are way above your head.

that is probably the best advise you have gotten for a while.
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