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Re: spokeshave post# 12569

Tuesday, 06/10/2003 12:30:40 PM

Tuesday, June 10, 2003 12:30:40 PM

Post# of 78729
Spoke - not that I need anymore shares, but I'm with you once again - it seems apparent that the price is being held in the .30-.34 range. However, if that support falters due to increased sell volume (because of the millions and millions of shares that come on the market from 144s coming of age), I too would consider picking up some more in the .20s, preferably the mid .20s. With that said, I don't need any more shares, and I'd just assume not see the stock go there... I'd rather see the stock run back to above $1 - and on.... My sense is we'll be treading water in this very range for awhile - until the funding Ray says is on it's way (when he turned down the conceptual offer by shareholders to loan the company $1MM) lands. I hope Ray isn't banking on movie revenue, as that is more than likely going to trickle in over a long enough period of time. I'd rather not wait "that long" to go from software emulator, to FPGA to ASIC to orders in hand and revenues/profit/positive cash flow and a much higher share price.

Bill

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