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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Kerry Lee who wrote (13759)1/20/1998 8:28:00 AM
From: Gyan Brard  Respond to of 29386
 
Anyone have any speculation what kind of financing we are going to be seeing within the next few months before/after another "going concern" statement by those weasely accountants? I was ruminating on this the other day. Maybe instead of some prince or other goofball we could have some cash rich company in a similar business pony up some cash for a little equity stake. Then maybe they wouldn't be interested in selling for a quick buck. It's not a perfect fit but those disk drive companies all have a lot of cash right not from previous booming quarters, although may not be making quite so much this year. Heck 10 million or so is nothing to Western Digital or Segate but it might be enough to keep Ancor out of those icky lettered regulations. I think that is the second most optimistic scenario. The most optimistic is line of credit or loan type financing which would be non-dlutive but is not going to happen unless some tangible revenue streams are already in place (bigger than currently).