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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: Marshall who wrote (28461)	4/5/1998 3:00:00 PM
From: Marshall	Read Replies (1) \| Respond to of 33268

.... and again we encounter attempts to insult our intelligence: >>>"the dumping of $3,000,000 worth of stock after April 15th." This fallacy has been a favorite post of some for years. (although some guys would love it if this was the way private offerings really occurred) I find it interesting that the parties have already postponed the additional $3M once. I find it interesting that the company apparently has ~$5M presently on hand. I think this represents a lot of time even at historical cash burn figures. While some could probably care less, were the additional funds to become unnecessary or available on more attractive terms I think the company could cancel the additional $3M offering in exchange for some sort of small penalty. Go ahead - ask.