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To: Victor Lazlo who wrote (1)6/21/1998 1:53:00 PM
From: Dan Berger  Read Replies (1) | Respond to of 13
 
As of April 17, 1998 there were 6,195,515 class A
and 1,190,332 class B shares outstanding.

$25.5 million in cash, another $5 million in A/R.

Not profitable but took a large restructuring charge
last quarter and stated at annual meeting "they
expect to return to profitability sometime in 1998."

Also stated that they would show year-on-year revenue
growth in this current quarter (ending July 98). They
currently do between $6 million and $7 million per
quarter.

Simple answer to "why is there a new CEO?" Because
they needed one!