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.
Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 389.02+1.5%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Marshall who wrote (32829)11/4/1999 11:26:00 AM
From: Judgement Proof.com  Read Replies (1) of 33268
 
This doesn't look good. It seems that Data Race's largest source of revenue for the quarter is from a company, Sabratek (SBTKE), which has been delisted due to accounting irregularities. Ironic isn't it, that the only company to purchase "Be There?" in any volume may not be able to pay for it.

biz.yahoo.com

DATA RACE (Nasdaq: RACE - news) reported a loss of approximately $2,379,000 for the first quarter ended September 30, 1999 on approximately $536,000 in revenue. Revenue increased 17% from the quarter ended June 30, 1999, primarily due to shipments to Sabratek Corp. The loss increased 15% from the quarter ended June 30, 1999, primarily due to increased non-cash litigation expense associated with the Company's patent infrigment lawsuit and additional accounts receivable reserve provisions associated with Sabratek Corp.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext