GT Advanced Technologies Inc. Message Board

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Technology Stocks : GT Advanced Technologies Inc.

GTATQ 0.0215

-4.4%

Mar 17 4:00 PM EDT

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To: Jerome who wrote (49)	10/8/2014 5:03:42 PM
From: The Ox	Read Replies (1) of 86

We'll know more when they hit court. There are many things a company can do when they are cash strapped. In most cases, filing bankruptcy is the absolute last case approach. Floating a secondary financing, searching for a strategic partner, and a few others come to mind. I suppose if they exhausted all other options than this is the only answer. Having said the above, if they were operating so close to the edge that losing out on this payment from AAPL causes them to file for bankruptcy, they've not been forthright with their quarterly conference calls. Going from "we're expecting to earn $1.50 in nonGAAP eps next year" to "we're bankrupt" in the next sentence says it all. Delusional, lying or both.....

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