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After the recent warning for this quarter I don't expect any positive surprise, rather that the managment has to give some explanation on what has happened in the past. What are "take or pay" contracts worth if the revenue can be halfed in just three month?

It is unlikely that we will see double digits next year, for 2 reasons. First, we will enter next year with the same revenues as last, so even if we would still consider a similiar rosy outlook, we will not see a double digits, something around 5-8 would be great for end of 2002 (still doubling from todays price). Second, I believe the current NASDAQ run up is a mixture of bear market rallye and regaining losses from the Septmeber attacks. The market will learn that a return to the 90ies growth rates is unlikely. So the next year will be generally a flat, NASDAQ unlikely north of 2000-2500 range, and FBCE is unlikely to be that exceptional to be quadruple play.

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