Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: David Sirk who wrote (586)	7/9/1999 12:09:00 PM
From: Zeev Hed	Read Replies (3) of 1438

David, "desperate" means that a company is not generating cash from operations and the cash in the bank is less than three quarters of burn rate. Do you have these figures for CLVE. How much cash on hand and what is their burn rate? Zeev

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