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dk76

11/16/00 3:38 PM

#2011 RE: gotinearly #2010

We're all speculating, so I guess I'll add my thoughts to the list.

$500K wouldn't last long, particularly considering the delays in SecureView shipping during Q3. That being said, if sales have been as strong as we're told, they have a readily available cash cow at their fingertips (providing they have components). I have been critical of a number of things at SEVU, but even I don't think cash flow is likely to be a problem today.



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Francois+Goelo

11/16/00 4:10 PM

#2012 RE: gotinearly #2010

Gotin, SEVU had surplus CASH.....

of over $500,000 at one point that was borrowed by an Officer that should be returned on demand, when and if needed... I have no doubt that cash to operate is NOT a problem for SEVU...

High Receivables are easy to understand when you have direct sales to the Public on $99.00 deposit, which should cover manufacturing cost and 4 monthly payments of $99.00, or so.... On this basis, Cash should continue to accrue to SEVU's account on a regular and predictable basis...

JMHO, F. Goelo + + +