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Non-Tech : Palweb Corp (PAEB) -- Ignore unavailable to you. Want to Upgrade?


To: ojoniojoni who wrote (1531)2/10/1999 5:36:00 PM
From: jmt  Read Replies (1) | Respond to of 2512
 
Thank you for the info.

There must have been a reason for the increase, therefore we can deduce the outstanding shares now exceed 200M.

It will take a lot of hard work and significant success to make this a viable investment. And if traditional debt is also assumed for growth, interest expense will eat into earning left for the common shareholders.

The good news is Pace will provide financing, so they must be comfortable with the vision.

The bad news is depending on the financing terms, they can suck up all the free cash flow in before it gets to the shareholders.

Hopefully the next 2 or 3 PR's will help clarify the business plan.

jmt