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 : ocom breakthrough technology

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Q. who wrote (550)7/21/1998 10:02:00 PM
From: RumbleFish  Read Replies (1) of 994
 
<<The company has a critical reason to keep its stock price up. It is bleeding cash,
and it will continue to bleed cash whether or not they are able to ramp a new
product. So, the co. must raise cash by selling equity. The lower the market cap,
the less cash they can raise.>>

So, John, do you think the company's plan (scheme?) is if they can get the stock up high enough they can do a secondary or attract a legitimate investor(s) that will possibly allow them to buy the convertible loan sharks off?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext