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To: Jim Bishop who wrote (98249)	12/20/2001 4:20:42 PM
From: Trumptown	Respond to of 150070

Future looks OK...wuddya get for a buck these days anyway? SR

To: Jim Bishop who wrote (98249)	12/20/2001 4:23:24 PM
From: Trumptown	Respond to of 150070

Future looks OK...wuddya get for a buck these days anyway? >>"RVSI has reduced its fixed expenses from a peak of nearly $30 million per quarter to a present $18.2 million," Mr. Costa said. "With the sale of our Material Handling business, those fixed expenses will decline even further, to just over $16 million, yielding a break-even rate of approximately $32 million of sales per quarter. Despite these cost reductions, we have retained our key technology and staff, our market position, and our ability to respond quickly when the inevitable upturn comes. "While current visibility is poor, we see our long-term future as very bright," Mr. Costa said. "Both of our businesses are built on solid technological bases with exceptionally large and robust growth potential. Despite the downturn, we have built a unique and powerful strategic position on both sides of our business. The tremendous promise of these endeavors is undiminished, only postponed for a few quarters."<< SR