Breakaway Solutions Inc-(BWAY) Message Board

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Technology Stocks : Breakaway Solutions Inc-(BWAY)

BWAY 17.51

+3.7%

3:59 PM EST

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To: John Finley who wrote (123)	1/22/2001 8:32:15 PM
From: kinkblot	Read Replies (1) of 178

In the initial press release, Breakaway stated: the Company has obtained secured financing from Internet Capital Group Most readers would assume that this refers to an amount of some significance in relation to the company's ongoing needs. However, as you said, this does not appear to be the entire deal and is more like a bridge loan. If they gave up an arm and a leg (potential 20% dilution) for a bridge loan, one shudders to think what real financing will cost. WT

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