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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (6458)11/4/1997 12:22:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 9285
 
I commented on the Maytag deal a few posts ago.

No upfront money changed hands. Maytag will pay for some future R&D expenses, but this is nothing to worry about. TRBO will need to meet certain milestones/requirements before getting paid. This is going to be a neat trick, since they are basically a shell company that has contracted out all its engineering and manufacturing activities.