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Microcap & Penny Stocks : OWLD OneWorld Systems -- Ignore unavailable to you. Want to Upgrade?

To: Robert Floyd who wrote (988)	1/5/1998 10:48:00 AM
From: Richard Jurek	Read Replies (2) \| Respond to of 1648

Robert -- the issue here is the SEC quiet period. If they have returned to profitability this coming quarter's announcements (and I think there is a good chance of it), he can't say. So, he has to talk in the present tense on continued losses. What you need to focus on: cash is ok, as accounts receivables were up dramatically last quarter and they should have collected on a lot of that; new apple oem stuff should have kicked in nicely; earnings were a 50% surprise last quarter. Cash is always a concern, but I think they will be ok. Their R&D is about $2 mln a quarter last I looked. Let's also not forget that Q3 last year was a very poor $10 mln in sales -- and we have the opportunity to not only show Q over Q increases, but Y over Y increases as well. Key here is that GVIL has admin/sales expenses under tight control. When they had the $10 mln quarter, they had sales/admin expenses of about $14 mln. Now, that is down to about $4 mil a quarter -- a dramatic move toward a very attainable break-even point. I think we'll be ok. R/