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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: mike.com who wrote (25499)11/13/1997 4:52:00 PM
From: Marshall  Read Replies (1) | Respond to of 33268
 
Hello Hooray

Hello! Hooray! Let the show begin,
I've been ready.
Hello! Hooray! Let the lights grow dim,
I've been ready.

Ready as this audience that's coming here to dream.
Loving every second, ev'ry moment, ev'ry scream,
I've been waiting so long to sing my song
And I've been waiting so long for this thing to come.
Yeah - I've been thinking so long I was the only one.

Roll out! Roll out with your American dream and its recruits,
I've been ready.
Roll out! Roll out with your circus freaks and hula hoops,
I've been ready.

Ready as this audience that's coming here to dream.
Loving every second, ev'ry moment, ev'ry scream,
I've been waiting so long to sing my song
And I've been waiting so long for this thing to come.
Yeah - I've been thinking so long I was the only one.

I can stand here strong and thin.
I can laugh when this thing begins.

God, I feel so strong.
I feel so strong.
I'm so strong.
I feel so strong.
So strong.
God, I feel so strong,
I am so strong.

fredonia.edu



To: mike.com who wrote (25499)11/14/1997 11:28:00 AM
From: VALUESPEC  Read Replies (2) | Respond to of 33268
 
Drakes, I still don't like RACE, just for the record. Also, I did not buy on the financing news. However, the financing, as you said, does stop bankruptcy until the middle to late 1998 if BT sales don't materialize (don't hold your breath for them).

I agree that the convertibles will put pressure on the stock either when they are converted and then sold (they aren't into investing in RACE, just making money), or until they short the stock in an attempt to lock in profits.

I also agree that the announcment of the convertible was obtuse and didn't give enough information to really judge it. Of course, a private placement isn't the same as an offering or the same as a bank loan. If the company had a bank loan, then I'd say BT sales are imminent. At this time, however, the company is desperate and probably on its way down to zero.

The current investors will have to learn the hard way. Marshall will probably have to change his screen name after his constant hyping on this company. On the other hand, maybe RACE will beat the odds- but again, I wouldn't want to bet on RACE without a stop (let's say $ 4 for the really agressive).

With these crazy companies, you really need to have a stop loss somewhere. HAVE A STOP LOSS ! Marshall, don't you agree?

RACE today: $ 5.44B and $ 5.50 A