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Non-Tech : RAINFOREST CAFE
RAIN 7.055-6.6%12:59 PM EST
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To: Marshall Teitelbaum who wrote (1001)10/15/1996 2:18:00 AM
From: Dennis Vail   of 4704
 
Marshall,

Congradulations on ATIS!!That one was really your baby from the getgo.Maybe next time I'll listen to you...Nah!(Actually listen to you sooner but then there's still too much I don't know about biotech)

Too bad about them 'canes and them bears.Oh well better them in the gutter than RAIN,eh matey.

I'll have to reread that article,there were a couple of bells that went off reading it.Oh yeah!It claimed RAIN has $170 million in cash and raised $96 million for the company.I'm pretty sure we spent another $10 since 2Q and unless we sold the 425,000 share option,we only raised around $84 million.Total cash right now should be around $150-160 million tops.That article might be written kind of sloppy.The $200 million in revenues is kind of high too.I'll bet RAIN said at the end of '97 they'd have a $200 million run rate.There is a big difference.

Regards,
Dennis
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