SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rick Voteau who wrote (938)4/27/1998 11:23:00 AM
From: Juraj (Yuri) Krajci  Read Replies (3) of 1654
 
Thank you for the informative post on the Y2K situation. When it comes to Forecross, however, you seem have mentioned only that they are experienced and positioned. Omitted from your analysis is that they've failed to meet their financial projections, do not appear to have a fiscally prudent management team (witness the executive salaries), have no working capital and are technically insolvent. I must therefore disagree that the downside potential is minimal; it would seem that the downside is 100% if the creditors decide to pull the plug.

JK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext