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

To: Judgement Proof.com who wrote (28880)	5/28/1998 1:13:00 PM
From: bucko	Respond to of 33268

Thursday May 28, 10:16 am Eastern Time Company Press Release SOURCE: DATA RACE, Inc. DATA RACE(R) Wins American Marketing Association Award Newly Introduced Corporate Marketing Material Receives Award SAN ANTONIO, May 28 /PRNewswire/ -- DATA RACE's (Nasdaq: RACE - news) Vice President of Marketing, Kathrine Tims, announced today that the Company captured honors for its channel marketing materials. This means, like, duh.....did anyone sell anything?????

To: Judgement Proof.com who wrote (28880)	5/29/1998 12:04:00 AM
From: Adelantado	Read Replies (1) \| Respond to of 33268

Hum: 10m more shares? More dilution is not the solution. Joe.

To: Judgement Proof.com who wrote (28880)	5/30/1998 10:29:00 AM
From: Alan Edgett	Respond to of 33268

Garvin, as a B-student I find this interesting though can't figure out what exactly this guy means. I agree with first statement about second round...any ideas on setting the co up for a purchase? Your thoughts or comments would be appreciated on the following...from Yahoo boards.... S3 filing on 05/27/98rise_and_shine May 29 1998 2:40PM EDTThe fact they have authorized additional shares of common stock proves beyond any reasonable doubt they have decided to close the $3,000,000 round on June 1, 1998. However, the amount of newly authorized shares surprises me immensely. I really don't see any possible explanation, unless one or more of the following is planned: 1) Closing a much bigger round (which is unlikely); 2) A complex stock granting arrangement is planned (e.g., repricing of stock options for employees and directors in order to retain them, etc.); 3) The DR Board found a buyer for the company and has decided to de-list the company prior to selling it (which makes a lot of sense in the present situation). I think (2) and (3) look very plausible. Say, let's assume public company XYZ agrees to buy DR for $15,000,000. Selling it as a public company would imply rewarding the outsiders at the expense of the big investors and the insiders. Once the company is repositioned for the acquisition, the insiders and the original preferred stock owners get the scoop.