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To: The Ox who wrote (379)4/25/2001 5:37:22 PM
From: Bill Fischofer  Respond to of 475
 
Burn rate does seem high, as does the "cost of sales" growth this quarter. Will listen to the CC this evening to see what details management provides for these items.



To: The Ox who wrote (379)4/26/2001 3:22:19 PM
From: Benjamin Booter  Read Replies (1) | Respond to of 475
 
Burn rate was high because of the $116 million in cash they used this quarter, $81 M was for the purchase of JCA, $27 M was for cap ex, and $8 M was from operations.

They are slowing their cap ex and won't have another JCA. They have years worth of cash.