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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: Pete Mason who wrote (2433)11/11/1999 11:25:00 PM
From: Chris McConnel  Read Replies (1) of 2443
 
Pete,

looking over the press release, if they really do have $20M, and they burned through $7M in nine months, that would mean, if they continue to burn through cash at the same rate, with no revenues, they could last another two years.

Also in the press release: biz.yahoo.com they state that GT Interactive will be licensing WeCanTalk 3.0 for the GT games. Now, why license from CSCC and not directly from INTC? If they are licensing from CSCC, they must have gotten a sweetheart of a deal. Since GT has been on the rocks as of late (they have been trying to sell the company for a few months now) it must have been a sweet deal, indeed.

- Chris
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