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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?

To: Sonny who wrote (2376)	10/8/1998 11:26:00 AM
From: GUSTAVE JAEGER	Respond to of 3194

Qui sine peccato est, primum in illam lapidem mittat... John Chap VIII, verses 3-12 Anyway, I think that IFMX itself is a possible prey (for MSFT?)

To: Sonny who wrote (2376)	10/13/1998 7:25:00 PM
From: Mark Finger	Respond to of 3194

They must be doing better than expected, because their A/R credit line holder has veto capability over any capital expenditures over $5M per year. Since I think that the bank would be screaming bloody murder over the spending of the amount of money needed to complete such a transaction (lawyer fees, ...) even though they would get some money from REDB, they must have been able to make a strong case and show improvement in sales to convince that bank. I can only think that the bank would accept this if things were moving along well ahead of projections, because keeping some of the people will impact the expenses significantly and they would have to guarantee siginificant new sales or they will have trouble meeting the Q1 numbers next April (I assume they will meet Q3 and Q4, but there is usually a dip from Q4 to Q1 and consider the added ongoing expenses, ...). It really surprised me.