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Strategies & Market Trends : Pancho Villa's Short Analysis File -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (121)11/12/1998 9:27:00 AM
From: TRIIBoy  Respond to of 287
 
this is one of my favorite shorts right now:

exchange2000.com



To: Pancho Villa who wrote (121)11/12/1998 9:41:00 AM
From: TRIIBoy  Read Replies (1) | Respond to of 287
 
Pancho take a look at VTCH's numbers!

I'm pretty sure they blew through $25 million in cash sequentially, even while converting 2.5 million new shares from convertible notes!

Also, other current assets grew 74%, and other long term assets grew 115% sequentially!

This is worse than I thought! They are trying to burn through more cash than Ballys!