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 : ACE*COMM Corporation (ACEC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kerry Lee who wrote (627)11/11/1999 9:41:00 PM
From: Madharry  Read Replies (1) of 852
 
Hi Kerry. As an ex-banker I can tell you that it is very unusual for a bank to reduce its lending rate like that from p+4 to P. It must have much greater confidence the company than before or it must have changed the terms and conditions of the facility to somehow have reduced the risk. My guess is that the clean audit opinion had a major impact on the degree of comfort. ALso the bank may see a lot of future business as it participates in the growth of this company along with its shareholders.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext