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Technology Stocks : Natural Microsystems [NMSS]
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To: Jack Hartmann who wrote (295)1/24/2001 11:17:52 AM
From: telecomguy  Read Replies (1) of 308
 
To: Jack Hartman

Hi Jack, tks for your conference notes....just a quick question (I develop using NMSS boards and recently bought 8000 shares recently.)

I was just curious looking at their recent balance sheet and noticed that they raided 177 million in cash by borrowing so now they appear to have over 300 million (although you said they had 200 million)

WHY did they raise the additional funds when they already had 133 million in liquid investments and are cashflow positive? Did they borrow money in anticipation of buying out a company? If you know the answer, that would be greatly appreciated.
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