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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (51851)5/31/2001 2:20:40 PM
From: maverick61  Read Replies (1) of 57584
 
600M cash with a burn rate of over 350M a quarter - doesn't take a Rhodes scholar to figure out what that means.

And as far as someone loaning them some money cheap - think again - when they have to back out of a deal to build a new headquarters / campus and FORFEIT over 230M in collateral to do so - just so they don't have to spend any more - that smells of desperation
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