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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

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To: Alan Edgett who wrote (31083)2/21/1999 5:31:00 PM
From: WW.com  Read Replies (1) of 33268
 
Alan:

I disagree with some of your projections, and your conclusion.

> As I stated in my post that you reference, I believe the revenues in the existing quarter WILL be higher than the previous quarter, so their net negative cash flow (cash burn) will be LESS than the approx. $1850 of the previous quarter.

> I do believe their revenues will increase sequentially, either due to sales or licensing fees, etc..

> Furthermore and most importantly I believe R/H will be successful in their mission and Race will have a strategic partner in some form...equity investor, take-over/merger, etc..

My post was actually a response to I believe Dale Russell who posted that Race would be out of cash in 5 months. My post was intended to point out the fallacies of his conlusion, and the items that he either considered incorrectly or didn't consider at all.

I am long Race have done my dd and I feel very comfortable with my investment in Race, and I believe I will be significantly happier in the next 30-45days.

None of the posts from the "darkside" posters have brought anything new or alarming to the table, or anything that concerns me.

Happy Investing Alan.
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