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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Sean Reilly who wrote (7335)	10/24/1997 10:18:00 AM
From: IncredibleHult	Read Replies (1) \| Respond to of 12454

Sean, Yes I'm happy the company is going to post record revenues. However, ask your professors what happens when a public company has a negative operating cash flow for at least three years and funds the revenue growth throught the issuance of securities. He will probably say " The shareholder is the one who really pays for that!!" My point is CCC can issue as many press releases as the want about increases in revenue but the fact remains until they reduce the cash necessary to generate those revenues we as shareholders will always face dilution. I hope the they can pull it off but the last proxy statement is certainly not an encouraging sign. Stock is recovering some today on not that much volume.