SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (1935)3/31/1999 6:29:00 PM
From: LiveWire  Respond to of 2443
 
I guess the shorts are hurting pretty bad now.

Any ideas on the runup?



To: esecurities(tm) who wrote (1935)3/31/1999 11:15:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
INTERNET (esecurities.W) March 31, 1999 -- THRUSTMASTER INC - Annual Report (SEC form 10-K)

"...On January 28, 1999, and in connection with equity line financing provided to the Company, the Company issued to three investors an aggregate of 250,000 shares of the Company's Common Stock and warrants exercisable for an aggregate of 70,754 shares of Common Stock. The purchase price for the Common Stock issued to the investors was $16.00 per share. The exercise price applicable to 50% of the shares issuable upon exercise of the warrants is $20.00 per share; the exercise price for the remaining warrant shares is $22.40 per share.

The Company may elect, at its sole discretion, that two additional tranches of investment be made under the equity line. The amount of each additional tranche would range from $1,000,000 to $6,000,000, depending on the price of the Common Stock at the time of the investment...At December 31, 1998, the Company had cash and cash equivalents of $460,000 and working capital of $9,178,000...The Company believes that available funds together with borrowings from its new credit facility will be adequate to meet the Company's anticipated cash needs through the end of December, 1999..."

source: &copy 03/31/1999 - EDGAR Online sec.yahoo.com