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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"
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To: Ben Antanaitis who wrote (1648)12/18/1997 12:22:00 PM
From: tbevan   of 1985
 
Well, they wouldn't do it unless they thought the company would survive. But if they think the company can survive with an infusion of more capital, then they would invest another $75 Mill. to protect the capital they've already invested. No? If they think it's going down, there'd be absolutely no reason, obviously. They must have some confidence in the company to have entered into this agreement, though. They must think it CAN surive. Doesn't mean they're right. Maybe they'll be better than those of us still here at cutting their losses if things don't go well. What I'd really like to know is what they may have decided in advance about what hurdles JTS will have to clear before (or not clear) before they'll send in more cash (or cut their losses. I.e., I wonder if they've made it clear to anyone what kind of timeline their expectations are on and what their expectations are. Maybe that's a questions for IR, I don't know. I kind of doubt we'd be able to find that one out, though.
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