Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?

To: Robert G. Harrell who wrote (1279)	3/9/1998 8:10:00 PM
From: esecurities(tm)	Respond to of 2443

>>e, where did you get the $6mil cash from? TMSRs 1/28/98 Q4/FY '97 release indicated a healthy b/s with working capital of ~$17.2M, A/R of ~$16M and Koski indicated they were rebuilding cash. The Red Chip Review TMSR research report dtd 2/24/98 stated TMSR "...expects to have $6 million in cash be the end of the first quarter..." (coming from said 12/31/97 A/R)... source: biz.yahoo.com In addition The Red Chip Review stated that "...Management believes the Company's stock is worth more than it's currently fetching in the market, and that there are sufficient alternative financing options open to it to grow the business in 1998. One of these is an increase in the Company's $5 million credit line, which had been paid down. In addition, it expects to have $6 million in cash..."... &copy 1998 The Red Chip Review Crown Point Publishing, Inc. 503.241.1265