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


To: Judgement Proof.com who wrote (29553)9/29/1998 2:15:00 PM
From: Judgement Proof.com  Respond to of 33268
 
The Company's recurring losses have had a negative effect on the Company's shareholders' equity, and the Company does not currently meet the Nasdaq National Market net tangible assets requirement...

...There can be no assurance that the Company will be able to
comply with the maintenance criteria of the Nasdaq National Market, the failure of which could result in the delisting of the Common Stock from such market...

...Delisting could also jeopardize certain secondary trading exemptions from state "blue sky" laws, further affecting liquidity of the Common Stock. In addition, the Company would be liable for certain substantial monetary penalties to the holders of the Preferred Stock in the event of such a termination of listing.


This all sounds very promising, if you're a short seller.



To: Judgement Proof.com who wrote (29553)9/29/1998 7:03:00 PM
From: Marshall  Read Replies (2) | Respond to of 33268
 
Garvin, that's standard stuff that always appears in the quarterly & annual reports.
It's to cover themselves against possible legal action should something unforeseen occur and is not meant to imply any potential problems so quit reading stuff into it.

Do you honestly think the distributors would quit selling them components?
Matter of fact do you honestly think that the LU modem chipsets are the only ones that could be used for the line connection portion of the product?