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To: GST who wrote (37836)2/2/1999 9:04:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn -- Took a quick look at LVLT -- they have a pretty high burn rate but a fair
amount of cash. They have a pretty high market cap and are losing money at an
accelerating rate. What is the exit strategy? Profitability? A takeover? How did they get
so well capitalized so quickly?

GST,

I anticipate profitability as an exit strategy. The cash on hand had a lot to do with Bill Gates and others. I would have to go way back to get further details.

Glenn


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