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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 264.74-1.9%Nov 3 3:59 PM EST

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To: Beltropolis Boy who wrote (645)8/21/2000 5:49:07 PM
From: Galirayo  Read Replies (1) of 717
 
[ Local Business - Washington ] Nice find.

washingtonpost.com

LOCAL BUSINESS

MicroStrategy has replaced chief executive Michael J. Saylor as the guarantor of the Vienna software company's $28.6 million credit line from Bank of America, the company said. Earlier this year, when MicroStrategy fell out of compliance with the conditions of the credit line, Saylor put up personal assets to secure the company's ability to borrow. Now Saylor is off the hook, and MicroStrategy has put $28.6 million of its corporate funds in reserve to secure the credit line.

Message 14250062

Key Word Legislators.

Cheers!

Ray
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