Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.220

-0.4%

3:59 PM EST

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To: Steve Morytko who wrote (2582)	1/29/1998 10:35:00 AM
From: Sir Will Lancelot	Read Replies (1) of 9236

Steve, Comment on your conclusion re: " I suppose I am making an assumption that if ADI chips are used AWRE has the business." What does "having the business" mean? My understanding is aware just gets a royalty, some small fee per chip used, when ADI chip is bought. Now the key is how much is that "fee" or royalty and how many million units have to occur to drive profits, growth and stock value... Doesn't there have to be significant product sales to really leverage revenue?

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