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Re: what wass last qtrs ending cash balance?

By: sonic22 in IDCC | Recommend this post (0)
Thu, 28 Apr 11 5:11 AM | 47 view(s)
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Msg. 40949 of 48237
(This msg. is a reply to 40948 by teecee)

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TC,

It still brings a smile to my face to hear "buying at 45" I can remember just last fall wishing for 35 and here we are with a Barclays coverage and sitting at the mid 40s without LG renewal and CAFC decision. Hoping for LG to be renewed by end of Q2. If not I will start to worry a bit. I won't as much if CAFC reverses the ITC all bets are off and were in the drivers seat.


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The above is a reply to the following message:
Re: what wass last qtrs ending cash balance?
By: teecee
in IDCC
Thu, 28 Apr 11 4:45 AM
Msg. 40948 of 48237

not exactly the big burn the shorts were hoping for at less than 3% of the "worthless slop" that cash on hand has become...but then again 4.5 myn of the 14 burn was given back to the shareholders in the form of a dividend...add in 15myn from lg...and voila..cash flow positive!!!...ill be out there tmmrw w/ my buying shoes on....hope i dont pay too much buying at 45 or so!!!! Mr. Green Mr. Green Mr. Green Mr. Green Mr. Green


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