SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: david james who wrote (9483)7/12/1999 9:30:00 PM
From: xcr600  Read Replies (2) of 57584
 
Hard to see where the Prince would come in to do more financing. he just filed to sell all of his shares. Maybe they offer him a can't miss bargain again? Of course this offers further dilution. The next 10k will be interesting.

BDE's cash burn will be higher than you realize. As of now, they don't generate much in the way of revenues. I haven't done any caluculations, but Zeev puts the burn at about $3mln/Q. This will leave the co cash short sooner than most realize. Maybe St Annes does nothing. It's possible. But as long as this deal is around, it still can be a time bomb waiting to go off.

I'll say one thing, this stock trades very peculiar. It is my first AMEX. Maybe normal for the exchange? Doesn't seem like it to me.

x

EDIT: One more thing. St Annes doesn't care about the co. They will structure the debt so that it doesn't put them at risk. I am far from an expert in understanding these type of things, but I know they cover their arses.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News