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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: fortitude who wrote (45399)5/2/2000 9:17:00 AM
From: myturn  Read Replies (2) of 150070
 
COOL, another high flying internet company coming off its lows.

COOL, this one has tons of money in the bank and no long term debt. CEO is quoted as saying they have over $50 million in the bank and their cash burn rate is less than $6 million a qtr. The CEO says even if they don't generate .01 of revenue over the nex 18 months they have enough cash to survive.

That is impressive.

Cheers

RG
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