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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (827)	11/5/2001 1:32:54 PM
From: Patrick Slevin	Respond to of 23786

Actually I've forgotten much of I based my original interest on, because once I decided I liked it I started looking at it technically for an entry. Which I missed anyway, and wound up buying a bit higher than I could have. I'm in around $1.54 Third quarter highlights include, -- Revenues were $30.7 million, 119% above the third quarter a year ago -- Monthly Recurring Revenues (MRR) grew 11% to $11.1 million with a 32.5% gross margin -- Won a major CORE account transfer with WAM!NET generating over $1 million of MRR -- Reduced SG&A 19% from Q2 and exited Q3 with an operating cash burn rate of less than $700,000 per month -- Ended the quarter with $55.1 million in cash -- Reaffirmed Positive EBITDA in January 2002 and positive EPS in Q2 2002 biz.yahoo.com One negative for me is the lack of insider buying at this level. I'd be much more enthusiastic were I to see something there.