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

STOCKTALK

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.

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

RACE 365.46

-1.4%

Dec 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: drakes353 who wrote (25449)	11/13/1997 11:09:00 AM
From: Marshall	Read Replies (1) of 33268

Drakes, I've certainly heard all about how these deals often work out but I think there is reason to believe that it's not a given that they always do. I also doubt the company has the collateral necessary to partake in a straight equity deal - it's not like they're buying a house that can be repossessed. Let's face it - it took the company much longer than originally anticipated to get the product launched into the marketplace which necessitated a little more buffer cash. These deals are occurring all the time in public companies and most of these companies go on to succeed in their business plans. Had this company been in trouble I have it on good authority that they would have begin the early stages of shopping it as opposed to making any last ditch effort. Ben's very proud of the technology and rightly so. I've heard someone comment that the technology was indeed worth quite a bit but that it's tied up tighter than a drum.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next