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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2166)5/24/1999 11:08:00 PM
From: Timothy Detjens  Respond to of 2443
 
Looking at the financials! What a novel idea...

While you are finally taking a gander at them, you might want to note their cash problem. In addition to the 600,000 that they will need to cough up by July 31 as pointed out by Pete, their additional financing may be drying up as well, as:

The Company may elect, subject to the satisfaction of certain conditions, to sell two additional tranches of equity investment. As of the date hereof, the conditions to the additional tranches of investment have not been satisfied.

Maybe pumping up the price was one of the conditions? Who knows?