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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 527.68+5.9%Dec 1 4:00 PM EST
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To: Anthony@Pacific who wrote (668)4/20/2001 11:12:38 AM
From: The Street   of 715
 
So, why the FLOORLESS???

Q: How much cash and how much debt do you have?
A: We have $100 million in cash, and we don't have any debt.

Q: Could you raise cash for the next wave of product development?
A: We don't need any cash for the next wave. We're spending about $30 million to $40 million a year on research and development, and that's enough. In a horrible market, we raised $53 million for strategy.com last year, selling just 15% of the business.

businessweek.com
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