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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (25902)	11/20/2001 4:38:10 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 59879

TATRADER, did you look at CFLO operational results in the last few quarters? They have cash for maybe another year. Those guys have gone through close to $800 MM of other people money, gosh, what a business disaster. Why do you expect that to be a business success soon? I think you should wait at least until you see their business turn around (at current burn rate they must have quarterly sales of about $30 MM from their current base of $13 MM) before they make money... Zeev