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Technology Stocks : 7th Level
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To: steve walsh who wrote (268)6/6/1997 1:21:00 PM
From: Nick Takos   of 1019
 
I agree it appears as though the news releases are a sign of desperation (since the products wont appear to next yr).

The only thing I can think of, in terms of what they're spending their resources on, is the Barney software they commited to Microsoft they would have by Xmas.

But the stock is behaving as if they're about to announce they will bankruptcy.

I hope/pray this is not the case.

Does anyone know or has estimated how long their cash will hold up before they will need to beg/borrow more (assuming someone is willing to lend them more money).

I wish MSFT would step in with a cash infusion. That would be a GREAT vote of confidence for the company.

Wishfull thinking,

nick
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