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Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?


To: Jesse Livermore who wrote (2559)4/2/1998 4:42:00 PM
From: Art Courville  Read Replies (1) | Respond to of 3307
 
If I remember right, Chapter 13 is a actually for individuals or maybe small businesses. Big companies go Chapter 11 (bankruptcy reorganization) or Chapter 7 (liquidation). So this rumor doesn't really make sense.

>>13 is bankruptcy and I suspect if anyone spreads that rumor it
>>is to flush out the long term holders. QDEK has >17 million cash
>>and 5 million in INFO and a >10 million credit line. If they lose
>>2 or 3 million this quarter it won't take them under. Too much is
>>going on for serious trouble. Too many new products, upgrades,
>>advertising, etc. Nope, I think this is a temporary sales blip
>>and expect a full recovery.