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To: powershred who wrote (252)10/16/2003 9:32:19 AM
From: Michael Hart  Read Replies (1) | Respond to of 281
 
This does not look good. 2.7 Million in rev. 19 millionish in expenses.......and a quote from the CEO said that HPQ had "endorsed" Efficion......meaning...no projects planned !!

They're gonna need a secondary offering.

The silver lining is that $2.7 million is like 1 hours worth of Intels revenues......so they only need to get .000000000001% market share from Intel to get to breakeven.

Good luck,

Mike