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beau1460

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beau1460

Re: CD_98 post# 5619

Friday, 02/06/2004 1:58:57 PM

Friday, February 06, 2004 1:58:57 PM

Post# of 64738
arnold, what would you have them do with this financing you keep harping about? Mr. Wunderlich was very clear that they have investment bankers in the wings, as soon as they needed the money they would start getting it in "tranches". (NOTE: tranches is slices in French).
They have enough money to operate for "a few months"
It doesn't seem to me to be good business to get money and just sit on it.
It would seem that the appropriate time to get money is when one needs it!

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