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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: angel who wrote (1690)	12/24/1997 5:45:00 AM
From: tech	Read Replies (2) \| Respond to of 3391

angel, I was going to give you the benefit of the doubt, but your last post proves that you are truly talking about things that are way over your head. "LETS DO THE MATH. If the LSI contract is 3 mil lines and they get .33 per line then that is 1 mill dollars. They would need 19.6 of these size contracts just to break even!!! At the rate of one contract a year, they would be break even by about 2017!!!" - angel what brilliance, what fabulous deductive skills you posses. Tell me what are you doing playing in the stock market, I think, with your brain power, you should be building rockets for NASA or something. Sorry, but I have to correct your LIES and MISINFORMATION 1. CSGI's burn rate is ONLY approx. $4 Million a year 2. At $.33 per line, it would only take approx. 4 contracts the size of the LSI one for the company to break even. THAT IS THE WHOLE POINT!!!! 3. (this is my favorite) Yeah genius CSGI and other y2k companies only plan to do 1 contract a year for the next 17 years. Brilliant ! I think you may do a lot better if you find a nice mutual fund to invest in. These speculative stocks are way above your head. that is probably the best advise you have gotten for a while.

To: angel who wrote (1690)	12/24/1997 9:42:00 AM
From: feltburner	Respond to of 3391

Angel: These disclaimers are also meaningless. As Tech pointed out, the co. needs only $4mm rev. to break even; the $19.6mm loss is a cumulative loss over the co.'s history. But, as Tech is fond of bashing another co. (which has 33 SIGNED Y2K contracts) about being overvalued, one must ask: While CSGI needs only 3 more contracts like LSI (ignoring the "nice discount" on pricing that LSI rec'd.), to break even, what mkt. cap does a $4mm rev. co. deserve? How about a $10mm rev. co.? Tech? -Felt Burner