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Technology Stocks : HCOM - HomeCom Communications < Short Term Gain? > -- Ignore unavailable to you. Want to Upgrade?

To: Norrin Radd who wrote (216)	5/15/2000 4:45:00 PM
From: Investor2	Respond to of 232

Do you know how long HCOM projects that they will lose money? Have they projected a quarter where they will break even or report positive earnings? Thanks, I2

To: Norrin Radd who wrote (216)	5/16/2000 10:48:00 AM
From: Investor2	Read Replies (1) \| Respond to of 232

You may ignore my previous post to you. I found the answer. "Because the Company expects to continue to incur substantial operating losses, the Company will continue to use substantial sums of cash in its operations for an indefinite period. Accordingly, the Company will be required to obtain additional capital. No assurance can be given that the Company will be successful in its efforts to obtain additional capital, or that capital will be available on terms acceptable to the Company or on terms that will not significantly dilute the interests of existing stockholders. If the Company exhausts its current sources of capital and is not able to obtain additional capital, the Company will be required to undertake certain steps to continue its operations. Such steps may include immediate reduction of the Company's operating costs and other expenditures, including potential reductions of personnel and suspension of salary increases and capital expenditures. If such measures are not sufficient, the Company may elect to implement other cost reduction actions as the Company may determine are necessary and in the Company's best interests, including the possible sale of certain of the Company's business lines. Any such actions undertaken may limit the Company's opportunities to realize continued increases in sales and the Company may not be able to reduce its costs in amounts sufficient to achieve break-even or profitable operations. If the Company exhausts its sources of capital, and subsequent cost reduction measures are not sufficient to allow the Company to achieve break-even or profitable operations, the Company will be forced to seek protection from its creditors. The financial statements included herein have been prepared assuming the Company is a going concern and do not include any adjustments that might result should the Company be unable to continue as a going concern." biz.yahoo.com Best wishes, I2