Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: kennny who wrote (24184)	3/25/1999 4:13:00 PM
From: M. LaMancha	Read Replies (1) of 122087

DRMD -- the company is basically out of cash, from what I can tell. They were apparently talking about financing in order to do the product launch. If they get a distribution partne, that cuts down the burn a good bit, so the financing won't be as much. Depends on the deal they get and how much they are willing to give up. In the short term, however, the CNBC thing reported to be around 11:20 could be a very big deal going into their appearance. Stocks usually trade up a lot when the interviews occur after market opening. They usually crash right after the appearance. I covered (14 15/16 to 13 3/16) with the idea that there might be a pop tomorrow. If I had held the stock, I would be looking to short more going into the interview, if it does happen.

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