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To: Zeev Hed who wrote (20915)2/1/1999 6:09:00 PM
From: Curlton Latts  Read Replies (1) | Respond to of 25960
 
Zeev: Ok, Ok - I did hear you say it could hit $60 just a day ago or so. I didn't mean to imply anything. I was just observing and commenting on how much research you do. - ---- - I always enjoy hearing your thoughts.

Good Luck To each And All

~~~~~~^^
[6.6]
....>
[_]



To: Zeev Hed who wrote (20915)2/1/1999 6:17:00 PM
From: sam  Read Replies (1) | Respond to of 25960
 
Some concerns I have, fwiw:

1. "Angus observed that the net loss for the quarter was lower than anticipated, primarily due to net foreign currency gains resulting
from fluctuations in the yen and from tax credits and permanent differences between taxable income and book income which resulted in a negative effective tax rate for the year."

I'd rather there were 'other' reasons for the loss being lower than anticipated -- but that's just me.

FWIW, I'd love to invest in this company.

2. ''Going forward, we are increasing our operating breakeven point from approximately $43,000,000 in revenues to approximately $46,000,000 per quarter."

Expenses are going up.

3. "In addition, we are currently projecting a modest increase in revenues on a sequential basis for the first quarter of 1999. These two factors combined, are expected to result in a net loss of $0.10 to $0.15 per share for the first quarter of 1999.''

I believe analysts were expecting a better showing.

I gotta go with Zeev on this one.