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  • cash2go cash2go Feb 2, 2009 2:54 PM Flag

    Quarterly due next week?

    Everyone will be looking at the cash position. A positive would be a surprise as CTC has been very clear that the financing crunch was a serious & worsening problem for end customers during the quarter.

    Raising funds to get back to a cash position that made customers feel like they were dealing with a company that would be operating long term is vital. Raising cash in this environment is going to be difficult.

    CTC finding a partner for the wind projects is also sounds like a reach. Competitors are announcing layoffs and cutbacks.

    GLTA, anyone have a guess on what the quarter will look like?

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