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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (32836)6/17/2001 4:46:39 PM
From: Johnny Canuck  Respond to of 69123
 
Hi Suresh,

Did you notice the burn rate of AVCI? They went from $254 mil in cash last Q to $188 mil. At that rate they have less than 3 Q's of cash left. I can't remember if they have a credit facility. I don't think they were supposed to be profitable to 2002 and I would imagine that this is now in doubt.

It would be interesting to see who has similar problems.