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Technology Stocks : I-Link Inc (ILNK), VoIP Telephony -- Ignore unavailable to you. Want to Upgrade?

To: David L. Carter who wrote (280)	11/20/1998 7:46:00 PM
From: Phatt Jake	Respond to of 417

go on David I am listening...

To: David L. Carter who wrote (280)	11/21/1998 2:01:00 AM
From: Michael Paul Langley	Read Replies (2) \| Respond to of 417

$2,075,996 left as of Sept 30,1998 (You're right it is prbably all gone by now as it is 7 weeks later). ILNK is going to need some financing very soon as their cash flow is so horrendously negative. I just don't see how ILNK can get any economies of scale in their current business plan. Any revenue increases are met with a corresponding increase in expenses, therefore; they are many quarters from producing net earnings IMO. For instance this 3Q they would have needed revenue of $11,593,411 just to break even. They grew total revenue 23% from the previous 2Q. If ILNK were to grow 23% for each subsequent Q without any increase in expenses (impossible since most of their expenses are increasing at about the same rate for the various expense categories)they would have a positive $1 million in earnings in three more quarters ($6.756 X 1.23)=($8.310)1.23 =$10.222 x 1.23)= $12.573 million Managemnt has made statements to the effect that they believe they will be profitable by the 4th Q of this fiscal year (next Q)Not going to happen at the rate they are going unless they can pull $12 million + in revenue this next Q (economies of scale may not even kick in at these levels per Q).