ZRAN Preparing to Implode- interesting YHOO Post
In Q3 ZRAN spent just $1.8m of $30m planned to turn $50m of product work in development into products by mid-2005. Why? NO CASH !
Q3 10Q : We believe that our current balances of cash, cash equivalents and short-term investments, and anticipated cash flow from operations, will satisfy our anticipated working capital and capital expenditure requirements at least through the next 12 months. Nonetheless, our future capital requirements may vary materially from those now planned and will depend on many factors including, but not limited to:
• the levels at which we maintain inventory and accounts receivable;
* the market acceptance of our products;
• unanticipated expenses associated with the recently completed acquisition of Oak;
• the levels of promotion and advertising required to launch our new products or to enter markets and attain a competitive position in the marketplace;
• our business, product, capital expenditure and research and development plans and technology roadmap;
• volume pricing concessions;
• capital improvements to new and existing facilities;
• technological advances;
• the response of competitors to our products; and
• our relationships with our suppliers and customers.
In addition, we may require an increase in the level of working capital to accommodate planned growth, hiring and infrastructure needs. Additional capital may also be required for additional acquisitions of businesses, products or technologies. "
PROBLEMS ARE MARKET ACCEPTANCE AND UNANTICIPATED OAKT COSTS, IMHO
Market Data 
Markets 
AI
