Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Leman who wrote (1206)	7/21/1997 9:39:00 PM
From: Leman	of 3307

Greico said the working capital deficit means liabilities on Quarterdeck's balance sheet are more than its assets. He said the deficit has been reduced for two quarters running. When Quarterdeck reports fiscal third-quarter earnings after markets close Thursday, "you'll see the progress we're making in all of those areas," Greico said. Quarterdeck also received a new credit facility of up to $12 million in April, and said in the filing it may explore other alternatives, if necessary, to finance its operations. Greico said the new line has better terms than a previous $15 million line offered. The company has borrowed the minimum of $1.5 million on the new line, he said. Quarterdeck, of Santa Monica, Calif., makes memory management products and communications software products. Copyright (c) 1997 Dow Jones & Company, Inc.

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