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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: Marshall who wrote (32077)4/12/1999 10:07:00 AM
From: Wolff  Respond to of 33268
 
Marshall, to you last point "it is" Here is from the Feb 16 10-Q

The Company's ability to sustain operations, make future capital expenditures and fund the development and marketing of new or enhanced products is highly dependent on existing cash, the ability to raise additional capital, and the ability to successfully attract a strategic partner. The timing and amount of the Company's future capital requirements can not be accurately predicted. The Company does not anticipate a return to profitability as long as its expenditures on the Be There! system remain disproportionate to attendant revenue. The Company will likely require additional financing in the future; the failure to obtain such financing when needed would have a substantial adverse effect on the Company.



To: Marshall who wrote (32077)4/12/1999 10:34:00 AM
From: johnlag  Read Replies (2) | Respond to of 33268
 
My favorite section of the S-3/A

<<Our Future Success Depends on the Success of Unproven Be There! Products

The failure of our Be There! products to achieve success would likely have a material adverse effect on our business and our ability to continue operations. >>

Buyer beware!