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Non-Tech : Enamelon (ENML) - Does anyone follow this?
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To: Harpo who wrote (841)7/30/1999 11:48:00 PM
From: Q.  Read Replies (1) of 863
 
ENML got a little cash:

biz.yahoo.com

$7.5 million facility consists of a $4 million revolving line of credit, a $1 million term loan and a $2.5 million line to be used for future capital expenditures.

It's all secured by inventory, accounts receivable, and equipment. I don't think this is going to be enough to fund a big retail marketing splash, but it might keep them going awhile.

For comparison, in the March quarter they lost $8 M.
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