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Technology Stocks : LBRT - Liberate -- Ignore unavailable to you. Want to Upgrade?

To: BRA who wrote (385)	11/27/2001 9:36:46 PM
From: Dave	Read Replies (2) \| Respond to of 409

I have to disagree with you about LBRT losing 1/3rd of its market cap each year. Sorry, I wasn't clear. I didn't mean to imply that LBRT's market share was decreasing by 1/3 per year, but rather that the amount of money they lost in the last twelve months ($2.80/share) is nearly 1/3 of their market cap. Dave Dave

To: BRA who wrote (385)	11/27/2001 10:34:59 PM
From: pheilman_	Respond to of 409

In addition, the company is taking severe measures to reduce burn rate. Raises are on hold, and travel is minimized. The $250 million in the bank will help ride through this rough patch as contracts are established. Their current major buyers are in Europe as the cable companies are competing with satellite providers. In the US the cable operators are cheap. In the old gorilla concept, the company is very aware that their long term success is based on developing a platform for others to build on. Their other winning strategy is to enable the lowest cheapest set top box, Microsoft can't run on these low end boxes. And as Cable operators are cheap, the vast majority of set top boxes are low end.