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Gold/Mining/Energy : Eagle Geophysical (Nasdaq:EGEO) -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (2)	7/23/1999 12:50:00 PM
From: CoffeePot	Respond to of 31

From March 31st 10-Q The Company believes that its cash flow from operations, borrowings under the Wells Fargo Credit Facility, borrowings under the Atlantic Horizon Term Loan, and other vendor financing will be sufficient to fund its planned capital expenditures and operating requirements through the end of 1999. Any capital expenditures in excess of the Company's planned amounts will likely require additional debt or equity financing. If the Company is not able to obtain such additional financing, it may be unable to incur capital expenditures in excess of its planned capital expenditures. If additional working capital were to become necessary as a result of further deterioration in demand for or pricing of the Company's services, and if additional financing was not available, the Company's operating results and financial condition would be adversely affected. EGEO's financial problems seem to be more of a cost control nature,, revenues increased by $5mm last Q to $28mm....but depreciation expenses more than doubled CP