SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DROM - Interactive Media
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Bush who wrote (15)8/20/1996 11:42:00 AM
From: topwright   of 638
 
Lee and Vic,

I have contended that DROMs weakness over the past few months has been the direct result of restricted cash flow. They were crippled with their hands tied in being able to go forward with placement of kiosks.

Now, they have received $10 million in legitimate financing, with a credit line of $33 million. This gives them the go a head to pursue new contracts, and act upon those that they have already secured.

I feel that this represents more than just a short term trading situation. My philosophy is always to buy into a core position, and then use any surplus shares as trading vehicles to help reduce my cores average cost.

But, to this regard, I feel that DROM now has the infrastructure and business plan in place to meet all my original expectations in the burgeoning kiosk business.

I think you will find an ongoing stream of new applications that DROM will exploit in the near future, with emphasis on sports and medicine.

Raleigh
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News