NUKO INFORMATION SYSTEMS Message Board

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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: Peter R Smith who wrote (2142)	6/12/1997 5:02:00 PM
From: Joseph Beltran	of 3509

One of the biggest concerns I have is with regard to the cash burn rate. There is not much "breathing room" here and unless that problem is alleviated SOON by way of a line of credit and/or an increase in cash flow rate from sales NUKO is in big trouble. This is a start up technology company and those types of companies are notorious for eating up plenty of cash to keep on the cutting edge of their product line. What aggravates the situation is that the company is not in a "production mode" which would allow it to finance its R&D costs from sales revenues. Let's not kid ourselves. The present cash levels (I am assuming 2 mill) are not going to go far (I estimate 4-8 weeks). While I applaud management for taking a cut in salaries, that fact points to the extreme seriousness of the situation. Fighting hard to remain optimistic. Best Regards

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