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.
Technology Stocks : Breakaway Solutions Inc-(BWAY) -- Ignore unavailable to you. Want to Upgrade?


To: John Finley who wrote (119)1/22/2001 6:01:41 PM
From: kinkblot  Respond to of 178
 
$5m is hardly worth mentioning.

That's one year's rent on the new headquarters.

In comparison, USIX got equity financing of $130m, plus a $50m line of credit, plus a commitment to additional equity financing of up to $140m if needed.

WT



To: John Finley who wrote (119)1/22/2001 7:05:24 PM
From: kinkblot  Read Replies (1) | Respond to of 178
 
The warrants seem excessive for a 2-month bridge loan.

Wouldn't any potential backer (besides ICGE again) look askance at that?



To: John Finley who wrote (119)1/22/2001 7:23:32 PM
From: .Trev  Read Replies (1) | Respond to of 178
 
Now we know why the suck back. All pain will pass eventually. Makes me feel better about that little $0.67 transaction , Do you think they'll retro apply some warrants to my deal, or am I expecting too much?????