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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Thompson who wrote (60146)	5/1/2002 10:54:48 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

PROG burn rate is about $3 MM per quarter, that $11 MM may not last long if they do not turn the corner and reach cash flow positive state. Zeev

To: Bruce A. Thompson who wrote (60146)	5/1/2002 11:06:23 PM
From: mishedlo	Respond to of 99280

AVCI and AETH have more cash than current price as well. AETH also has a lot of debt, however. ACCI only has a little debt. But AVCI's burn rate as well as PROG's burn rate might mean they will not have that cash for very long. I am sure there are quite a few of these lurking about. In edit I see CRA is very near cash value as well (with little debt but a very high burn rate). Now if CRA falls to $9 (could one buy the entire company, fire everyone, close shop and and pocket $4 per share?) M