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Non-Tech : Bill Wexler's Dog Pound
REFR 1.730+10.2%Nov 11 3:57 PM EST

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To: Bill Wexler who wrote (2173)7/15/1999 8:12:00 AM
From: Dale Baker  Read Replies (2) of 10293
 
For those with an interest in BDE, their latest S-3 has all sorts of interesting info about the business they are in. Also read the previous 10-Q and the SB-2 for other shares issued not long ago. This company is diluting its share base pretty quickly to keep raising the $2 million per quarter they need to stay alive. They will be lucky to bring in a few million in revenue in 1999, much less come close to covering their costs.

I have a stop on my short but I am in no rush to cover.

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