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Technology Stocks : Network Connection , Inc. (TNCX) -- Ignore unavailable to you. Want to Upgrade?

To: Nimbus who wrote (228)	3/13/1998 8:25:00 PM
From: andy harrison	Read Replies (1) \| Respond to of 330

I agree. TNCX needs alot of cash to be able to buy material to fill purchase orders. I would assume that the timing of this private placement means that a deal or more than one is close to signing. Remember that a purchase order and a contract isnt worth anything if you cant fill it. I also believe that the corporations that TNCX are negotiating with are gigantic compared to them and these companies would definately want to make sure that they can afford to buy material. I dont want to guess the terms that they set up with their customers but I am sure that they extend credit to them and the 2.2 million will be the buffer until they can get money flow in.