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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: Greg h2o who wrote (2902)	11/25/1998 2:31:00 PM
From: jackhach	Read Replies (2) \| Respond to of 13797

Not disageeing with you Greg. In fact, I personally hope you are correct. Either way, as I see it, the cheapest the stock will sell for is $1.75. They (Lowe/Ericson)did clearly indicate in the Q3CC that they were seeking non-dilutive capital. This implies that the immediate need is operational cash, and not necessarilly stock price posturing. Any form of capital infusion would have to be non-dilutive. The stock is selling at 50 cents and, if anything, they need to get it over a $1.00 for any potential NASDAQ relisting -- and it needs to trade over a $1.00 for at least 30 days to requalify for a listing. It is also important, for perception sake, that they get relisted before they aggressively/openly market EB. The company cannot market itslf confidently with the OTC:BB status hanging over its head. And, as you have stated, the institutional buyers can't consider the purchase of ALTS until it is relisted (and selling)above a $1.00. I can't see how they are going to get the non-dilutive capital... A buyout (maybe, management led) seems far more plausable to me, although, they could count on speculative buying to bring the price above a $1.00 come January and sustain (after all this tax loss selling runs its course.) -JH