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Alias Born 07/22/2003

Re: SPIN post# 33361

Thursday, 03/11/2004 8:18:37 PM

Thursday, March 11, 2004 8:18:37 PM

Post# of 249232
Spin...re Cash...lets look at some FACTS....
1) Cash as of 12/31/03....12.4 million
2) Cash received from SSPX sales in Jan. 2004...1,797,000
3) Cash totals...That would mean that Wave had ~14.2 million dollars to work with not including the burn for Q1...you do the math...how long can we go? Don't forget that we ALSO own ~3.5 million shares of SSPX.
BTW...You weren't the ONLY one of us who guessed "Spot on" with the revenue forcast from Q4/03

Jas

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