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Microcap & Penny Stocks : DISC inc. DCSR -- Ignore unavailable to you. Want to Upgrade?

To: P.S.N. who wrote (46)	3/16/1999 11:33:00 PM
From: rod runyan	Read Replies (1) \| Respond to of 59

Hi, I was spammed on Yahoo, too & for some reason decided to take a look. Read the 10-K & 13-(D?) & also have questions. First, who is Michael Kaufman & MK Global enterprises? Second, here is a small clip from the 10-K. "The Company believes that this cash together with borrowing from the credit line, which allows it to borrow the lesser of $1,500,000 or 80% of eligible receivables, and cash generated from operations will be sufficient to meet its operating requirements at least through the end of 1998, although the Company anticipates that it will continue to incur net losses for the foreseeable future. The ability to sustain its operations for a significant period after December 31, 1998, will depend on the Company's ability to significantly increase sales or raise significant additional equity or debt financing. There is no assurance that any of these conditions will be achieved. In particular, the Company expects to require increasing amounts of cash to finance the Company's efforts to increase sales, which the Company plans to achieve by increasing selling efforts to large system integrators and OEMs by hiring additional sales and sales support staff and by making evaluation units available. In addition, the Company intends to expand its current network of resellers. The Company expects that it will require cash to finance purchases of inventory to satisfy anticipated increased sales as the Company's products achieve market acceptance." Anyway, if anyone has any comments i would be interested. I would also recommend looking at the Sep. 10-k and Mr. Kaufman's ownership filing. Just go to the top of the page on SI and click on the NEWS link and follow to SEC filings. I tend to glaze over a bit when i see so many different series of preferred stock. rod