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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (1442)11/25/1999 11:59:00 PM
From: LTK007  Respond to of 2263
 
this audio report won't help the longs --am beginning to think that the CNBC "wireless" snafu is what caused this
to run in afterhours,am now beginning to think this tanks from the get go--unless of course that undated,unfindable press release were true--sure:) biz.yahoo.com



To: Anthony@Pacific who wrote (1442)11/26/1999 12:06:00 AM
From: Bear Down  Read Replies (3) | Respond to of 2263
 
From the 10 Q filed 2 weeks ago on Nov 15th

There is no assurance that the Company will generate sufficient cash
flow from operations to liquidate liabilities as they come due. In the event
that the Company is unable to liquidate its liabilities, it may delay or
eliminate some expenditures and planned operations may be scaled back.
Accordingly the Company expects that it will need additional funds to meet
obligations through the next twelve months and will seek to raise such amounts
through a variety of options including expected future cash from operations,
borrowings, proceeds from equity or debt financing and scaling back operations.

Additional funding may not be available when needed or on terms acceptable
to the Company, which could have a material adverse effect on our business,
financial condition and results of operations.