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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 389.02+1.5%Nov 21 9:30 AM EST
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To: WW.com who wrote (25570)11/14/1997 10:03:00 AM
From: drakes353  Read Replies (1) of 33268
 
Willie:

Now ain't that the pot callin' the kettle black? Last week before the financing announcement didn't you say something on AOL about RACE having "several million dollars" on hand? Based on the cash burn rate it looks like it was actually around $1.5 million at the time of your post.

You were kind of assuming that RACE could draw on their credit line too weren't you? If you'd only read any of RACE's SEC filings you would have known that RACE can't draw on the credit line until they turn profitable.

We all make assumptions Bill, some right, some wrong. To your credit it looks like you nailed the fact that RACE was doing a disco preferred (your lock-up guess, a wee bit optimistic, oh well....)

Have not had a chance to listen to the CC yet but I did notice in the release that they have sold BT systems to "about" 12 customers and resellers as of yesterday. Can we account for everyone?

Resellers... (8)
DG
ICO
SDS
Flair
Meridian
Kansas Communications
ICS
Telsource

Announced customers...(1)
Trilogy

Which leaves 3 mystery names. Bob says he's a user. Is he a paying customer? Guess some of the resellers might not have bought which would bump up the customer list. Any guesses here?

drakes353
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