Replies to post #890 on LCC International Inc (fka LCCI)

[everett7]

I agree William, what is there POSSIBLY to be scared of at .02 cents when it's pretty clear that bankruptcy is not in the near future and when we have B of A and Vanguard recently backing these guys???? Not to mention the company is finally back in communication with the public.

[Friday2003]

Unfortunately the TruePosition contract is for low gross margin (10%) subcontract work. (LCC needs over margins over 205% to cashflow.) Kenny Young used to work for TruePosition. He "bought" the revenue, as they say in the consulting biz.