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Re: pszme post# 20203

Tuesday, 01/31/2006 9:47:32 PM

Tuesday, January 31, 2006 9:47:32 PM

Post# of 157299
pszme. Here is my answer to ?

VOIP revs GTE is doing is nothing but a relay of carrier traffic from big companies like SBC and Verizon. Simply increasing the volume of traffic will increase revs (therefore bigger L.A facility) but the key is not revs but MARGIN of profit or profitable program which GTE does not have. LOOK AT THE 10Q and you will see that COST OF REVENUE IS AS HIGH AS REVS ITSELF. 3-4% GROSS profit which is not even NET profit will not get this company profitable EVER because of operating cost associated with supposable strat development, employees salaries, bonuses, facilities rent, electricity, etc, etc.

I HAVE A ONE QUESTION FOR YOU or anyone else for that matter.

WHAT IS GET FINANCIALY DOING TO BECOME PROFITABLE SOMETIME IN THIS DECADE ? Show me in 10Q please.

And as Jack always says: "You can't handle the truth! Son"

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