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Technology Stocks : Tricord Systems (TRCD)

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To: Neil S who wrote (606)8/14/1998 1:41:00 AM
From: Brander  Read Replies (1) of 773
 
Neil, thanks for posting the pr. I saw that this morning. The addition of Fred Moore to The Board of Directors is very interesting, indeed. If TRCD continues to make the progress they have been, I think Tricord well once again be a well recognized name. I am very impressed with their product and its recent benchmark achievements. However, I am concerned about their cash position. Currently, it appears they have enough cash to last well into next year. If they don't start generating more income before then, they will have to find some other way to finance their operations, which concerns me some. Overall, I have a good feeling about this company, and I continue to hold my position. It is still risky, but the potential rewards are great.

Brad
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