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 Return Corp. (DRTN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fiberman who wrote (64)11/4/1999 9:00:00 PM
From: HeyRainier   of 178
 
What's wrong with the company receiving additional financing? They're growing quickly, and this additional cash infusion is what they need at this stage of their life cycle.

The prospectus indicated DRTN had 22.27 million shares outstanding. The additional 937,500 shares still puts them in that sweet spot that O'Neil claims for number of shares outstanding. Taken from his own book:

"...If you desire clear-cut factual evidence, the 40 year study of the greatest stock market winners indicated more then 95% of the companies had fewer than 25 million shares in their capitalization when they had their greatest period of earnings improvement and stock market performance..."

Rainier
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext