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Microcap & Penny Stocks : OWLD OneWorld Systems

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To: Richard Jurek who wrote (985)	1/5/1998 10:37:00 AM
From: Robert Floyd	Read Replies (1) of 1648

One of the statements Neil Selvin made, "While we haven't returned to profitability, we have implemented difficult and dramatic reductions across our entire cost structure in an effort to lower our breakeven costs. At the same time, we have continued to maintain our R&D spending, because the new products currently in development are the key to our future, and we cannot starve new product development to attain short term profitability," has me worried. With as little on the balance sheet as GVIL has, how can they afford anymore non-profitable quarters? Do they have the financial resources to fight for market share against the other competitors he mentioned? Robert

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