Q1 "Highlights" of Q1 ....
Losses of 5.6 million (.16 per share}. This was the cmpany that was cash flow positive in Q3 and supposed to be profitable Q4
EXPECTS positive cash flow and profitability in fiscal 2003....same as last year in case it sounds familiar
EXPECTS Netricom to turn profitable in 2003....probably due to excellent management
Selling off Parallel,Lifeskills and Dual Media........means that these entities will join Medical, Urology, etc. Also indicates that selling off assets will be a revenue source similar to Cisco loans and investors pockets.
Initiating a zero based review to reduce corporate and operating expenses....although strangely enough no indication if that includes executive salary increases and excessive management bonuses.
The webcast Monday had better be completely orchestrated if they hope to put a positive spin on this mess.