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Microcap & Penny Stocks : ANTs SOFTWARE.COM (ANTS) -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (468)	10/4/2000 3:56:47 PM
From: Crandell Addington	Read Replies (10) \| Respond to of 607

Stevie/Auric: So you admit to being "Sir" Onan the Lame from RB? You didn't really think that I would miss that did you, d_im_w_it_g_oofball_1. YOU were my first suspect. Julio? Is that the waiter down at "the corner table at El Molino" where "Sir Onan the Lame" attempts to "rise" to the occasion? ROTFLMAO!!

To: Sir Auric Goldfinger who wrote (468)	11/30/2000 9:33:14 AM
From: StockDung	Read Replies (1) \| Respond to of 607

Ants Warns Cash Dwindling, Abandons New Offices Burlingame, California, Nov. 29 (Bloomberg) -- Ants Software.com Inc. shares fell 24 percent after it warned ``present cash resources will sustain operations'' only through January. The software developer also said losses for its fiscal second-quarter, ended Oct. 31, widened 18-fold to $2.4 million. Shares of the company, which says it has found a way to speed up data processing, fell 0.88 to $2.75. The company released earnings results in a statement last night. Ants said the quarterly loss included a $636,480 charge for costs incurred on a new corporate headquarters in San Mateo, California. The company has decided to give up its lease on a 15,000-square-foot space. The facility, leased a year ago at a cost of $50,000 a month, was never occupied. ``After extensive examination, it became clear that the building's infrastructure was unsuitable for the company's strategies,'' said Fred Pettit, chief executive, said in a statement. Ants said it has 15 employees. That's unchanged from June, when the company said it planned to double its staff by October. Company executives weren't immediately available for comment. In January, the company, founded in 1979, moved its headquarters from the Santa Barbara home of Donald Hutton, its former chairman, to Burlingame. Ants shares are down 95 percent from their 52-week high of $55.63 reached on Dec. 23. New Financing Ants said it had $1.6 million cash remaining on Oct. 31, after raising $1.9 million on Sept. 26. The company said it is negotiating for additional debt and equity financing. ``The company anticipates that its present cash resources will sustain operations through the third quarter of its current fiscal year,'' Ants said in its press release. That quarter ends Jan. 31. Ants' loss widened to 19 cents a share in the latest quarter, from $132,229 or 1 cent a share in the year-earlier period. For the six months ended Oct. 31, the loss widened to $3.74 million, or 29 cents a share from $242,110 or 2 cents a share. The company also said it hired William J. Peichel to be chief financial officer, replacing acting CFO Miles Mochizuki. In May, Ants said the Nasdaq National Market rejected its listing application, citing its financial condition, an ongoing Securities and Exchange Commission investigation of trading in its shares, and the resignation of its auditor. Nov/29/2000 16:59 ET For more stories from Bloomberg News, click here.