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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (2255)	8/15/2000 4:26:23 PM
From: rod runyan	Read Replies (1) \| Respond to of 2347

Thanks for the post and link. I must admit it was a fairly gloomy read. I know that isn't unusual for this sort of document but still it didn't put a smile on my face. I hope all the bad news is currently being priced in, but hope is not the best way to invest. This disclosure also caused me some discomfort: "During the three months and six months ended June 30, 2000 and 1999, the Company had securities outstanding which could potentially dilute basic EPS in the future, but were excluded in the computation of diluted EPS in such periods, as their effect would have been antidilutive due to the net loss reported in such periods. Such outstanding securities consist of the following at June 30, 2000: warrants to purchase 75,000 shares of common stock; 14,549 outstanding shares of common stock subject to repurchase; and options to purchase 4,681,129 shares of common stock." It would appear that for the short term we are going nowhere fast in terms of stock value. Only significant news or a takeover is likely to provide much upside. jmho (and i would enjoy being wrong). rod