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


To: andy harrison who wrote (229)3/13/1998 9:46:00 PM
From: Don Hand  Read Replies (1) | Respond to of 330
 
I bought TNCX this week while it dipped and I want quick
feel-good returns. But this news makes me a bit nervous.
Was this capital needed for material purchases ?
Was it because the auditors said they were out of cash ?
Was it needed in such a rush that they could not do a
regular secondary offering ?
Could they not get a short term loan to pay for material without
giving equity away ?
Are they buying the ship systems to keep then share royalties ?
Lots questions. Hopefully we will know soon.