SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?


To: Hal Campbell who wrote (3073)2/22/2001 5:11:29 PM
From: Hal Campbell  Respond to of 4169
 
With the right off of Micronet they lost more like 15 cents per share it seems.Cash burn appeared, through my haze, to be about 5.3 million. With Micronet gone it should drop. Internet revenue appears to have been about 300 thousand. Continuing royalties dropped in 2000 ( even factoring out last years lump sum). They apparently plan to repay the bridge loan by selling then leasing back some real estate.

Surivival is still possible with any of several techniques, but there is no sign whatsoever of any progress in terms of cash flow. Everything is shrinking.



To: Hal Campbell who wrote (3073)2/22/2001 5:11:38 PM
From: don_lapre  Read Replies (1) | Respond to of 4169
 
Hannibal Lecter should be running the show - need to dig in further but things ain't looking good.