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Microcap & Penny Stocks : Genicom (GECM) -- Ignore unavailable to you. Want to Upgrade?

To: Mark T. Heath who wrote (152)	10/23/1997 10:06:00 PM
From: buzzcut	Respond to of 231

They say the big line of credit is necessary in this business to finance operations. As far as the acquisitions I'm not sure how they were financed (see the sec reports) but from the sound of managements' declarations they're attempting to make them accretive. ck

To: Mark T. Heath who wrote (152)	10/23/1997 11:54:00 PM
From: JRobinson	Read Replies (2) \| Respond to of 231

>>Anybody else concerned with the debt? I haven't pulled the trigger on this one already for that very reason. If an acquisition strategy is in play, when cash is not available you must borrow or issue additional shares and dilute yourself to death. I guess I'm hesitatant because I been blistered badly before on small companies taking on debt in an effort to grow through acquistions. If you make a bad purchase and take on debt to do it, yikes! Any thoughts everybody?<< It all comes down to whether they are getting a greater return on the debt than they are paying in interest.