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Technology Stocks : Ciprico

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To: Joan Osland Graffius who wrote (11)5/20/1996 8:34:00 PM
From: olduser   of 20
 
Joan,

I know about their investment plans for expanding the plant, a new office in Singapore etc. The do not neet $30MM to do this. No way in hell. If you read the prospectus, they only need about $3MM. If sales increase they need about $10 in total to cover working capital. So this leaves CPCI with $25-$30MM in cash.

What they are going to do with it is what I want to know. So far they company is puting out a line of BS as they dont want to answer this question. I am going to see that it is asked at a roadshow.

As far as competitors, CPCI owns its respective market in RAID arrays. Nobody else even comes close. Its not a worry.

If you hear anything else. Just let me know.

Cindy.
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