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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: Marshall who wrote (29785)	11/4/1998 8:59:00 PM
From: Bob Biersack	Read Replies (1) \| Respond to of 33268

Marshall....Drakes...has a hang-up on delisting.... He must have been an Ancient History Major...huh©..??

To: Marshall who wrote (29785)	11/4/1998 11:51:00 PM
From: drakes353	Read Replies (1) \| Respond to of 33268

Marshall: That filing was the conditions as of June 30, 1998. You can't go and add anything that has changed since then and if I recall there was a cash infusion in July 1998. That's nonsense. From the 10-K filed 9/28/98: "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." The Board approved the 10K on 9/17/98. As of that date RACE was out of compliance on NTA. Follow along with me.... * As of June 30th RACE out of compliance on NTA * Gets cash infusion in July go back into compliance * RACE loses enough money to go back out of compliance by 9/17/98 Looks like they will need to raise some more cash, pronto or they will get delisted. Talk to Skalla, I'm sure he's been dealing with the Naz on this. Out beating the bushes for some of the ol' cashola as well no doubt. drakes353