Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I really do not understand the extreme strength in XMSR, it has a market cap of $1 B and despite having revenues at an annual rate of let say $40 MM it has lost some $160 MM in the last quarter alone. It has only some $60 MM or so of cash and bleeds $160 MM per quarter? That is a cash crunch coming. Apart of that, what is the market potential for their services? Anyone using them here, what is the monthly charge? I for one doubt that more than 20% of the population really wants that service (I know I will not buy it), so a billion bucks a year might be all that they will have as revenues in the future, a cap of that same value seems steep to me. Oh got back in CCMP here at $46.34 got to have something to ride on.

Zeev