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Stratey

08/14/07 12:10 PM

#60161 RE: KA12 #60158

I think we read the same financials. A company is in survival mode when revenues from operations remain flat or decrease. In this case, they remained flat, so the survival tactic is to decrease expense to remain in business. Again, I applaud management for cutting costs while revenues remained flat.

I wish they did not have to do that. It would be much better if P&L increased due to increased revenues, but I guess we'll have to wait another quarter until we see results.