Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! Message Board

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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

RACE 333.17

-1.6%

Jan 30 9:30 AM EST

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To: TheLineMan who wrote (22940)	8/14/1997 9:04:00 PM
From: drakes353	of 33268

Hey Val: Glad you were able to listen to the Call. Cash burn of $2 mil? Ouch. Did anyone ask about the possibly renegotiation of the second round of discounted convert financing? RACE needs to collect $2.0 mil in BT accounts rec over any three month period ending 10/15 to get the next $2.5 million in cash. Looks like it will be an uphill battle. Did they say they were actively pursuing any new modem deals? If they aren't the revenue numbers are going to absolutely collapse this quarter. Strong, strong possibility, IMHO, of them doing less than a million in revenue. Did they say what, if anything, they are doing to chop their fixed costs? Good luck folks, drakes353 PS - What the hell are the convert holders waiting for? I don't get it.

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