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

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

AWRE 1.825

-1.4%

Jan 30 3:58 PM EST

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To: Scrapps who wrote (4526)	10/29/1998 12:02:00 PM
From: cape radical	Read Replies (1) of 9236

you forgot the most pernicious of modem royalty expenses ... the taxman. we also have to sell enough modems to pay him 36% of our operating profit since the market cap is based on after-tax cash flow.

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