Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Bipin Prasad who wrote (10045)	4/21/1998 5:12:00 PM
From: Bipin Prasad	Read Replies (1) \| Respond to of 10836

Three Months Ended 3/31, 1998 3/31, 1997 Revenues Licenses and other $41,043 $38,223 <-- Services 5,443 5,197 <-- Total revenues 46,486 43,420 Cost of revenues 6,384 7,681 <-- Gross profit 40,102 35,739 Operating expenses Research and development 11,171 16,123 <-- Selling, G&A 27,302 41,448 <-- Total continuing expenses 38,473 57,571 <-- Provision for restructuring and acquisition charges 19,282 5,976 Other non-recurring charges -- 17,100 Total restructuring, acquisition and non-recurring charges 19,282 23,076 Total operating expenses 57,755 80,647 Operating loss (17,653) (44,908) Interest income, net and other 598 739 Loss before taxes (17,055) (44,169) Provision (benefit) for taxes (3,612) 367 Net loss $(13,443) $(44,536) Loss per share (A) $ (0.27) $ (0.92) Shares used in the calculation of loss per share 50,863 48,275 Although not completely out of the woods yet. Two things look positive: 1. Increased Revenue 2. Improved cash (from 70+ to 90+ million) Another encouraging sign is that the cost of doing business is now lower as compared to a year ago. I think the stage is now set for a good quarter to follow. Bipin