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.
Microcap & Penny Stocks : CBRB : CBR BREWING - OTC:BB -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (16)5/25/1999 8:50:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 35
 
Your rationale makes sense. My question is this: Is this situation similar to a company using short term borrowing to financing a long term investment?

My understanding is that the reverse situation, long term borrowing for short term assets, results in a portion of that long term liability being declared as "current".

TG



To: WallStBum who wrote (16)5/25/1999 4:50:00 PM
From: Pat Maguire  Read Replies (1) | Respond to of 35
 
Yes I like this stock about $5 worth as well, got in at five eights and sold my favorite one(TLTG) to buy some......I suspect it won't be long before it's over a dollar and then onward and upward...Great buy!!!!