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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: lindend who wrote (849)8/19/1999 8:31:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 1438
 
I am not sure why they did such a premature announcement. But as far as the company is concerned, they are growing their top line furiously, I would not be surprised that they would require some cash to finance such growth, and eventually, they might even become profitable. I have not had a chance to study their business, but I am not sure it is a "slam dunk" that this one will turn "worse than the market".

Zeev