SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (3488)7/24/2000 7:50:11 AM
From: Zeev Hed  Respond to of 30051
 
I have not followed RTK for some time, they used to have a leaky floorless, is that over? Right now, I see they have cash for another two quarters at their current burn rate, so I cannot be too enthused. I also see that their share count continue to grow. They may have a great technology, but it is clear that despite the recent increase in crude, they have not leverage this to increased licenses and increased revenues to the break even point. Do you know where they will get money to get them over the abyss to the promised land (positive cash flow)? If you don't I would stay away from it.

Zeev



To: Casaubon who wrote (3488)7/24/2000 9:49:41 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Well, I got out of RMBS with $2 gains ($91.125) and out of EXDS with $5 ($54.5), I am waiting for reentries in both, and SSTI is getting close to the $75 area where I am buying again.

Zeev

In edit, just bought more SSTI at $75.25. I tried to be "cute" and get RMBS at $88.125 again, but they never gave it to me, the order is still in in case we get another swoon down (quite likely, IMHO today or tomorrow).