Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 33.81

+4.4%

Dec 19 9:30 AM EST

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To: jean1057 who wrote (5945)	4/8/1999 10:36:00 PM
From: Stock Watcher	Read Replies (3) of 52051

jean; on IVDO; the good news: last 5 press releases contain significant info. re: "Burstware" - their proprietary transmission software for multi-media. Progress made with new agreements signed. Float is low @ 2.4M shares. Concerns: revenues fell 98% in last period to 15k; net loss $3.3M up from $1.4M; 100k in cash; 5 employees. Jean, what is this company going to do for cash ? With only 100k in the bank and $3M worth of losses per year, how long can they hold on ? There must be some other good news somewhere, because the stock was up today $2.38 @ $9.00 on 156k shares. Suggestion: please call the company and ask them how they're planning to raise additional cash or secure a line of BIG-BUCKS credit. If they don't give you direct answers, be very careful here. I'm clueless as to how this stock can possibly be @ $9.00. Welcome to the thread; if IVDO raises a significant amount of cash, I'd be happy to consider it for inclusion on the INDEX...best regards, sw

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