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Re: rachelelise post# 31588

Tuesday, 02/24/2004 9:34:05 PM

Tuesday, February 24, 2004 9:34:05 PM

Post# of 249113
Rach, revisionist herstory

opined about a risk of BK, which is greater today than ever before.

you think they'll wait to do a PP 6 months from now?

@ what price?

what's Wave's current burn? around $5M/Q or so? now add in the substantial expense of legal fees (as well as the distractions & time away from work for stuff like depositions), & you think that the $7M from November (3 months, or, the equivalent of a Q ago) plus the $3M or so from sspx sales is sufficient to keep the lights on for another 6 months?!?

keep dreaming...

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