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Politics : Ask Michael Burke
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To: Kapusta Kid who wrote (88418)1/14/2001 1:46:34 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Pete, I have a phone call in with them on Wed afternoon, so I'll address your questions with them. My understanding, which could be way off, is that Divine's cash is not burnt by the operational losses at the associated cos. It is burnt by operations at Divine, which is why they have just laid off so many people. So, they don't have a burn rate in the traditional sense. I'll see if the co. will validate that or tell me I'm full of crap.
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