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To: steve olivier who wrote (2347)7/22/1999 10:57:00 AM
From: jeffbas  Read Replies (1) | Respond to of 2920
 
Q2 results were terrific. You had it better than I did. They actually have a shot at profitability in Q3 two quarters earlier than expected, as this quarter still had the burden of high cost inventory. This progress certainly explains the option exercises and justifies the current price.

If results were to improve at anything near this rate per quarter through next year, they would make over $1 per share untaxed next year. I can't wait to listen to the conference call replay.