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Trenddetector

08/19/03 1:12 PM

#43257 RE: CDR #43253

Cliff, I think management is well aware of the past. They admit, and I think most longs admit they've screwed up royally in the past. At the same time, I think management realizes they can't continue to run the company that way. In looking back, it really seems they were buying time until their technology found its place in the market. Now, it seems that time has come. As a result, you can't compare the past with the present nor the future! I for one was please to see our loss was down in the 6 digits as opposed to the 7 digits over the last few quarters. They are staying true to their word by cutting overhead, and increasing revenues. Should this TREND continue (as I think it will), then you will see that they can actually make money...and lots of it.

I wish you well in whatever it is you are striving for. What I don't understand is why you continue to bad mouth a stock you actually own? If you think it is such a bad investment, then why not just leave? I don't get it.
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hollywoodhills

08/19/03 1:48 PM

#43267 RE: CDR #43253

CDR...more than likely that you are right..I do not know if we are on the cusp of making money or not..But, it still seems strange that edig management still does not see fit to buy one single share on the open market.This speaks volumes to me. When money is so scarce, management lowers the burn rate by doing everything but cut their bonuses,or give back their cars. Or in the extreme case like the CEO of ONT did earlier this year, stop getting paid for four months while still buying shares on the open market. Some execs. just care more about shareholders than others..Gotta wait and see though.