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Post# of 704044
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Zeev Hed

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Zeev Hed

Re: dvdmogul post# 226190

Thursday, 04/01/2004 8:46:49 PM

Thursday, April 01, 2004 8:46:49 PM

Post# of 704044
dvd, what do you like about ININ? I looked at their financial situation, nothing bright, and they have strange depreciation which I don't understand (they depreciate almost everything they buy as capex in the year they buy, what is it software?), quite outsized relative to long term assets on the book. They have been losing money like a drunken sailor. The Chart is OK, looks like a trading range between $5 to $6.5, but why would it break up?

AZH

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