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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: E.J. Neitz Jr who wrote (36473)1/1/2002 7:28:52 PM
From: BWAC  Read Replies (1) | Respond to of 53068
 
I see ASCL essentially has cash per share equal to its stock price. Of course it still needs minimum 100% increase in revenues to cover expenses. Cash Burn somewhere around $100 Million a year?? No debt. A bit of a Tax Liability to pay. From the sale of a unit to IBM for almost a Billion. Which is where the cash came from.

Are the same people running things from back when this company used to be IFMX? I seem to remember something not right there?


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