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To: Think4Yourself who wrote (10838)12/8/1997 6:17:00 PM
From: EyeDrMike  Respond to of 12298
 
<<re: my belief is they are raising cash for MR transitional costs, and operating capital for company operations during this period.

I would tend to agree, but don't they have ~168M cash reserves? Why don't they use that? Their SEC says their plants are not very expensive (< 30M) relatively speaking>>

i figure if the company has no income/profit for several quarters <3>
they would burn this 168 mil fairly quickly.

Mike