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Technology Stocks : SFLK

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To: rbarsom who wrote ()2/16/1999 6:43:00 PM
From: StockDung  Read Replies (1) of 1591
 
O.K. class, three more of you have the business plan. Go to the last page. Is this what it says or am I a liar?

From SFLK business plan 8. Financial Plan;

The following financial plan is based on the following key assumptions;

1. Additional equity investment of 2 million in 98, 3 million in 99 and 7.5 million in 2000.

2. Sales of 11,925,000 in 1999 and 27,400,000 in 2000.

3. Cost of goods equal to 12$ of sales.

4. Eight turns on inventory annually.

5. Six turns of receivables annually.

6. Release of products and services by engineering in keeping with product roll out scheduals.

7. Market accepting the products and services as designed and at quoted price points.

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This was from SFLK's own business plan dated 12/2/98. But then again softlink was going to raise those projections, although they were leaving out the full details. There is much more to this story. The SEC has a copy of this plan. It speaks the truth and does not bode well for SFLK.

floyd
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