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: Jan Robert Wolansky who wrote (25826)11/20/1997 8:42:00 AM
From: Bill Fischofer  Read Replies (2) | Respond to of 33268
 
Re: Financing

A few points:

1. Offshore deals are not a positive. This is another area where RACE management screwed up, preferring to "go it alone" rather than cultivate normal investment banking relationships from the outset.

2. The damage has already been done. The stock has been cut in half in the last six weeks.

3. The market looks forward, not backward.

One other factor to consider is that RACE management knows it has a lot of explaining to do at the December shareholder meeting. I will be very surprised if we don't see at least one or two of these long-awaited "significant" announcements before then.