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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (6633)11/13/2003 11:04:12 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
OPTV - 4.45 ask - still a buy despite news
My read of earnings was they burnt a lot of cash in the qtr, considering the 38 mil through IATV acquisition.
I think it was around 25 million missing.
And depending on how revenues are acctd, some or all of that may be gone.
Maybe I'm not reading something properly.
Direct TV news not good. They are unable to negotiate on terms favorable to all?