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langostino

05/07/04 8:50 AM

#241084 RE: Zeev Hed #240978

it's o.k. zeev - you can say it

IPIX is a piece of trash that is just being used by a bunch of casino gamblers to try and game one another. when they're done, it'll go back in the trash heap. there is no meaningful fundamental business there and never was. they have never been profitable ... and never will be.

it's the height of hilarity that the entire "security" game started goosing it only days after it received its latest going concern letter. (for those uninitiated in accounting-speak, a "going concern" letter is an "announcement" from a company's auditor that its burning through its remaining cash and might be going out of business soon).