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Technology Stocks : ocom breakthrough technology

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To: tonto who wrote (446)7/2/1998 10:27:00 AM
From: Roger A. Babb  Read Replies (1) of 994
 
Tonto, I agree that the picture may be even worse than the news release indicated, but just looking at the news release:

1. No revenues
2. Product problems
3. Convertible debt (we all know where that leads.....)
4. CEO being replaced
5. Last ditch funding from officers and directors (actually a positive that they are willing to put money in, negative that they must do so)
6. Layoffs in a small tech company, other good folks will now leave.

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