Wireless Matrix Corporation WSMXF

Answers

[99921]

Clint and Madcat: Thanks for the opinions and information. A few other thoughts I have had a long the way. Management may want to keep money in the treasury as a hedge against delays in booking new business and increasing revenues. They might also need it if another big order comes along. As I recall the situation they got in a major bind with the Sears order because they had to invest heavily in equipment before the monthly revenues started to flow. I also wonder about their association with Telenor, and again this thought belies my lack of technical knowledge. I thought Telenor was big in the satellite business and somehow I had the impression that they would be in a position to give WRX some special services or deals that would assist WRX in competing for business. I'm not sure where I got that idea - maybe I made it up. Anyway, thanks for the enlightenment.