One more tonight I see this as a buy under $1. Thoughts? FVCX First Virtual Communications Inc. conducts business in rich media communications solutions, providing systems and services that enable system integrators and service providers to deliver an integrated suite of collaboration applications to their enterprise customers. First Virtual Communications also delivers solutions directly to corporate and public sector enterprises. The Company's flagship product, Click to Meet, is a face-to-face communications platform for e-collaboration designed to seamlessly integrate video and audio telephony, data collaboration, and streaming across IP, ISDN, DSL, and ATM networks. Click to Meet provides an optimal platform for delivering a new generation of video enabled B2B (business-to-business) Web applications, for commerce, distance learning, telemedicine, federal and state governments, and the judiciary.
For the nine months ended 9/30/01, revenues fell 32% to $20.3 million. Net loss totaled $25 million, up from $12.5 million. Revenues reflect lower product shipments to enterprise customers and service providers. Higher loss also reflects the charges related to excess inventory and increased R&D expenditures.
Book Value (mrq) $1.00 Total Cash (mrq) $12.2M Shares Outstanding 33.2M Float 27.6M Shares Short 15.0K Insider and 5%+ Owners: 17% recent price $1.12
Support Price (5day): $0.890 Support Price (20day): $0.800 Support Price (50day): $0.540 Support Price (100day): $0.540
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