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Microcap & Penny Stocks : QDRX

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To: Cavewoman who wrote (3387)1/7/1998 1:23:00 AM
From: P. Ramamoorthy  Read Replies (1) of 3977
 
Ginger, DD is not crap! Understand your frustration. The technology is good but the management is poor. Bankruptcy is mainly due to cash flow crunch. They got themselves into cash flow problems but did not admit until it was too late. It is possible to reorganize and grow business provided they can generate sales and manage their debts. But they seem to have personnel problems as well. Again a sign of poor managemnet. I have had bad experience more than once just because I picked stocks for the sake of their technology, not for the quality of management. But I must move on.
Imagine the following scenario. If Q was starving for cash and if Taylor Made really liked their shaft's performance, TM could have bailed them out or bought their technology. We do not know if there was an offer to take over. If there was one, we would not know why it went sour. May be Q was asking too much, trying to cash in on Q's technology and get into Victor. They do not seem to know where they are going. Do not blame yourself for their mistakes. Why not do DD on DSWLF? There is a SI thread on DSWLF. Good luck. Ram
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