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Be announces Q2 earnings

Filed under the:  department.
Posted by:Ryan on Wednesday, 25 Jul, 2001 @ 6:12 PM
Be Inc

Be announced its Q2 earnings today. The revenue returns of $715,000 are better than last quarter and the same time last year, but still are not very high. That said, Be took another restructuring charge of $143,000 this quarter, and completed the changes. Perhaps now that the restructuring is done, revenues can grow. Of course, we may never know. Be is for sale. Cheap.

7 Responses to “Be announces Q2 earnings”

  1. franknputer Says:

    Interesting Numbers…

    If you look at the breakdown, administration & sales/marketing are down, while R&D is up…

    Somebody must be working over there…


  2. Anonymous Says:

    In Response To franknputer @ 07/25/2001 11:04:50 PM

    Re: Interesting Numbers…

    R&D actually went down from 2.379 million dollars (1Q 2001) to 2.276 million dollars (2Q 2001).

    4.655 million dollars (6 months ending June 30, 2001) minus 2.276 million dollars (3 months ending June 30, 2001) = 2.379 million dollars.

  3. franknputer Says:

    In Response To Anonymous @ 07/26/2001 01:59:18 AM

    Re: Interesting Numbers…

    Actually, I was referring to the numbers from 2001 vs. the numbers from the same times in 2000. So, I did not get it wrong - you missed my point.

  4. Anonymous Says:

    …..if only I won the lottery….. *dreamy eyed*

    Darn if only I won the lottery, it would be nice to own Be Inc. Take a swing at running it. Who knows I could do worst but I could do better. I tell ya one thing. I wouldn’t be quite so tight lipped I don’t think. But who knows, I don’t unless I was in the shoes.

  5. DrB Says:

    In Response To Anonymous @ 07/26/2001 11:59:06 AM

    Re: …..if only I won the lottery….. *dreamy eyed*

    Winning the lottery is not that far off. If i read the 10-Q correctly, they have about 36 million common shares outstanding. At $0.50/share, that is only $18 million. I say only because the lottery in NJ is like $30 million right now. Even if they have options and preferred stock in the back to the tune of 14 million shares. That would still only make it $25 million dollars. Ouch. By that math, within the past year is was over $200 million.

  6. Uglytrog Says:

    In Response To DrB @ 07/27/2001 4:01:02 PM

    Re: …..if only I won the lottery….. *dreamy eyed*

    Yea… but if you bought them you would also have to assume their debt, which they previously stated is over $99 million. They have been running this company on borrowed money.

  7. Anonymous Says:

    In Response To Uglytrog @ 07/27/2001 5:34:05 PM

    Re: …..if only I won the lottery….. *dreamy eyed*

    No he wouldn’t. It doesn’t work like that.


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