Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: dexx who wrote (12987)	3/5/1999 7:05:00 PM
From: Wayne Rumball	Read Replies (1) of 25711

Sorry, I read it 4 times and can't understand it. Did lance write that? Company's liabilities other than $2.1 million in line of credit balances, which were paid off from proceeds at closing. The sale resulted in a gain on sale in excess of $3.0 million in the fourth quarter. 3M offered positions to most PACE employees and has assumed full support of the Company's customers. Post closing the Company will have minimal operating expenses and only two employees. The Company's post closing Balance Sheet reflects cash, including the escrow balance, in excess of $2.0 million with minimal debt. Tell em to send me their freakin balance sheet and I'll give you an opinion

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