JTS- "A Nordic Drive in Every PC and laptop" Message Board

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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: Christopher J. Harper who wrote (1390)	9/30/1997 2:34:00 PM
From: osvaldo diaz-christians	of 1985

Break-down of recent financing: $25.2 million shares divided by $0.17 = roughly 148 million preferred shares. 148 million preferred shares X $0.66 on conversion = roughly $97 million dollars. Further potential dilution of JTS, however this deal has the potential to be worth over $122 million in addition financing. The draw back is further dilution. The positive is additional fund and manangement putting their money where their mouth is. Company is currently focusing on profitablity at all cost. They are focusing on the 3.5 drives although the 3.0 drives still remain a part of their revenue stream. The 3.0 account for less than 5% of sales. Good Luck All.

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