Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (6876)	5/3/2001 12:41:23 AM
From: American Spirit	Read Replies (1) \| Respond to of 52237

Don't forget enormous cut-backs in burn rate by these dot.dogs. They were investing and spending every which way until recently but now they've not only stopped but downsized, eliminated all non-essential expenses, etc. I have studied SCNT's dramatic downsizing and see they've brought annual expenses down by more than half arriving at a cost of doing business where all they have to do is underperform now to break even by the second half. They are fully aware of the excesses of the past and have corrected them. Same as you or I would if we were running low on the lucre. All the luxuries and perks are gone. Some offices are cloed. Huge lay-offs. Consolidation, etc. Therefore, if CMGI has 700 million (or whatever) that could last years. And it's not as if they make no revenues.