Question-and-Answer Session
Operator
(Operator instructions) Our first question will come from the line of Matt Robison. Mr. Robison, your line is now open.
Matt Robison – Wedbush Morgan
Hi, gentlemen. John, first can you give me the cash flow from operations and CapEx, I might have missed that.
John Schoen
Yes, CapEx was $318,000 in the quarter, and cash flow from ops will be about $23.50.
Matt Robison – Wedbush Morgan
Okay. That is a good number for your operating cash flow. I guess it is the (inaudible) expenses.
John Schoen
Well, actually as I commented before it reflects an excellent performance on working capital efficiency, receivables and inventory. And also unrelated, we are also happy to know it is not reflected in operating cash flow that we did just a couple of days ago receive another liquidation in our Columbia fund that brought that balance down in the 4.5 range.
Matt Robison – Wedbush Morgan
Okay. Can you talk about the channel inventory at this point for the product lines and sort of what you are – it sounds like you got some, a little bit more activity in the end markets, I guess especially in WiMAX. It also sounds like you have got some new verticals too. Can you tell me about which of these markets you think is most likely that can give you some ways to win in the antenna side in the next couple of quarters, and then maybe go through what you think will happen to maybe result in a recovery in demand on the scanner side. It sounds like you are going to have a little bit of a lead in the LTE space.
I guess you dropped a hint with the EVDO deal comment that maybe Verizon’s not spending like they have in the past, and whether or not your current OEMs will be able to take market share from, sufficient market share from TEMS to make for Ascom or if that is even relevant?
Marty Singer
Well, your last question is relevant, but I will get to it last. I want to talk about that with respect to the scanners. May I add thanks for making efforts to get on the call. I know you had a lot of other companies reporting tonight. First with respect to the channel, I'm pleased to say that I only really one significant distributor with what I would call an excessive stock situation. One of our distributors for Mexico, Latin America, has had too much stock for a while, but it is starting to be sold.
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