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Technology Stocks : ADSP - Ariel

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To: SLSUSMA who wrote (1536)11/26/1999 12:35:00 PM
From: Craig Bartels  Read Replies (1) of 2263
 
I just pulled this from the quarter report for ADSP:
biz.yahoo.com

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The Company expects to incur costs and expenses in excess of expected revenues as the Company continues to execute its business strategy in the Internet Service Provider (ISP) and Original Equipment Manufacturer (OEM) markets. There is no assurance that the Company will generate sufficient cash flow from operations to liquidate liabilities as they come due. In the event that the Company is unable to liquidate its liabilities, it may delay or eliminate some expenditures and planned operations may be scaled back. Accordingly the Company expects that it will need additional funds to meet obligations through the next twelve months and will seek to raise such amounts through a variety of options including expected future cash from operations, borrowings, proceeds from equity or debt financing and scaling back operations.

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