Compression Labs, Inc (CLIX) - an Acquisition Target Message Board

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Technology Stocks : Compression Labs, Inc (CLIX) - an Acquisition Target

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To: E_K_S who wrote (358)	3/13/1997 6:17:00 PM
From: E_K_S	of 375

Another Loss! Lot's of one time charges though....CLI Reports Fourth Quarter and 1996 Results; VTEL Merger on Schedule Business Wire - March 13, 1997 16:59 businesswire.com ====================================================================== I calculate book value at around $1.50-$2.00 a share and the loss reported today does reflect a lot of one time charges and some merger expenses. The sales did grow from the prior quarter and margins remained solid BUT still operating losses continue. Even with the VTEL merger and more consolidation, unless sales pick up, CLIX will add only $0.08 to $ 0.20 to VTEL's earnings for 1998. It appears that CLIX is betting the company on the new products under development. Let's hope that VTEL and CLIX can begin to bring these new products to market quickly and begin to grow their sales base past the $200M mark for 1997-1998. Any comments? EKS

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