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Politics : Ask Michael Burke

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To: bill meehan who wrote (61012)	5/29/1999 11:41:00 AM
From: Skeeter Bug	Read Replies (1) of 132070

>>The boom has also encouraged investors to dump money into half-baked start-ups that will almost certainly go belly-up, said Robert Opera, a partner at Lobel, Opera & Freidman, an Orange County firm that works with companies in financial distress. "Companies that have no track record of profitability and have never demonstrated that their business models work are raising significant amounts of money," said Opera. With no income to speak of, they'll burn through the money at lighting speed. <<

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