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Re: happyman22 post# 523

Friday, 08/01/2008 11:17:06 AM

Friday, August 01, 2008 11:17:06 AM

Post# of 737
Thanks, most of what I said is basically factual, I must admit however, its easier said than done. Your right, this would take some time even for a bigger company with direction.
I also believe your right about not having the resources or plan to get them to the next level. A plan or story is only a story, without results.

We started the day at the historic low mark, not good. We might see some green today while the day traders play with the stock.

While I don't expect a good Q report because of lack of inventory and new clients they really need one for survival especially with the stock being at the all time low. New rounds of financing, which they will need soon, are going to be harder to come by and a bad Q will hurt their outlook and review. We all know with the financial markets the way they are that firms aren't loaning money out like normal. Venture Caps, Hedge and banks are holding their money to show cash-on-hand to their investors and board, hence not giving it out to bad storied companies. Even small companies with a proven track record will find is difficult.

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