Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

XMSR- I think they will be history in two years. Just not enough revenue to cover their expenses. At the rate that they are having to pay for money now I expect they will find it hard to borrow much more. How much cash did they have on their last 10K....$6mil. Net loss for 2002...$492 mil. Now tell me how they make up the difference. $43 mil in revenues this year (maybe). Interest expense alone last year was over $50 mil.
Cost of revenue was $122 mil.

Joe