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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)
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To: Michael Olds who wrote (1511)3/18/2000 6:37:00 PM
From: UUplink  Read Replies (2) of 1884
 
To suggest as the article does that DI is about to run out of cash is highly inaccurate. After all, they just raised $700 million in the secondary plus convertible offering. Even if their revenues weren't growing at 400% year over year they could still last several years at a burn rate of $130 million per year.

I think that this article accounts for the depressed stock price over the last few days. If shareholders are scared into selling because of this poorly researched article, there may be some regret when the price rebounds.
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