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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!
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To: HPilot who started this subject4/11/2001 4:24:30 PM
From: don_lapre  Read Replies (1) of 4169
 
Interesting read. "Death by finance"

>>>David Sikes was desperate. The CEO of Ramtron International (Nasdaq: RMTR) watched helplessly as the publicly traded chip maker lost $1 million a month during the height of the Asian financial crisis of 1998. Ramtron needed $17 million to stay in business, but couldn't turn to the traditional capital markets -- not with its balance sheet and its dependence on the Asian market. With nowhere else to turn, Mr. Sikes contacted a consortium of 12 individual investors and came up with the $17 million at terms that would make a credit card company green with envy. "It was," Mr. Sikes concedes, "a roll of the dice."

redherring.com
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