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Technology Stocks : Ross Technology? Let's talk!
RTEC 28.50-0.5%Oct 25 5:00 PM EST

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To: Kevin C. who wrote (413)5/2/1997 4:56:00 PM
From: butch dowdy   of 475
 
KEVIN,
THANKS FOR THE POST. I THINK THERE IS REAL CAUSE FOR CONCERN IMOP.
RTEC AS OF MAR 21,1997 HAD NOT BEEN ABLE TO GET THE LOANS DUE IN FULL
(25 MIL IN JUNE AND 25 MIL DUE JULY) RENEGOTIATED. THE FOURTH QTR ENDED MAR 31 AND IS ALSO THE YEAR END REPORT. RTEC NORMALLY RELEASES QTR RESULTS 40-50 DAYS AFTER QTR CLOSES. THE NEWS COMING ON THE 25TH
OF JUNE MAKES ME THINK THAT IF THE LOAN IS NOT RENEGOTIATED BETWEEN NOW AND THEN, THE GRIM REAPER WILL BE AT THE DOOR. YOUR THOUGHTS?
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