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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bartlett who wrote (6385)	1/8/2001 4:21:43 PM
From: David Graham	Read Replies (1) \| Respond to of 14101

Mark, I'm a little more concerned about the lack of numbers. This is a company with a finite amount of cash left in the till, and I am anxious to see that any financing is done opportunistically, i.e. when the stock price is high and dilution is low. The alternative of doing a financing because cash is required for continuing operations leaves DMX in a bad negotiating position. High stock prices are helped along by a chain of good, hopefully supporting some sort of price momentum. However, that's not what we have today. I definitely would have preferred to know what the upfront and milestone payments are/will be, those figures will come out in the financial statements eventually (though I can understand keeping the exact royalty under wraps). This has got to be why the market kicked the crap of the stock today. I'm having a hard time thinking of another stock that got beat up so badly after releasing important, and positive, news. These geniuses just cannot manage the stock with any degree of sophistication. I could scream!!! David