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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (1202)1/4/1998 10:20:00 PM
From: ChrisJP  Read Replies (2) | Respond to of 2377
 
Hi Sergio, there's not much to say about EXSO. Zeev probably articulates their situation the best. Here's what I know:

They made .01 per share (over 60M of them)last quarter on a little more than $6M revenue. They also appear to have reached and agreement with APS, to whom they own a lot of money. I believe the settlement involves exchanging some of the debt for equity, which is bad due to more dilution, but is good in the sense that APS believes the company is viable and they will get their money back.

I'm sure the next report will show that EXSO continues to cut costs. The missing piece is on the revenue side. Is their business growing ? (or even maintaining status quo). If so then there are those who believe the stock will return to a value of something like .20 -.30.

Hope that helps !

Regards,
Chris

P.S. Any thoughts on BOST and their huge short interest (19M shares which is 10 days worth of trading) what are the shorts waiting for ? 2 or 3 more points down ? When they begin to cover --- look out above !