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Re: MIB post# 172963

Thursday, 11/20/2008 9:22:44 AM

Thursday, November 20, 2008 9:22:44 AM

Post# of 249150
MIB...re WaveXpress....I've reached that conclusion based on a couple of points....

1) SKS said in his last CC that they are very serious about cost reductions during Q4
2) As far as I can tell....WaveXpress is not bringing much cash into the company at this time and can't be considered a core business at this moment at time.
3) Possible sale of WaveXpress....If this was about to occur...I would think that we would see a bump in the share price as that news began to leak out.
Considering all the above....It's my gut feeling that the ONLY alternative available to management at this time outside of a sale of the unit....is to infact mothball the operations.

Sincerely,

Jas

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