Investor AM: Band-Aid financing won't work

Summary:Those cash-strapped dotcoms sure are a resilient bunch -- for now. Instead of going out of business quietly, struggling dotcoms are raising more money in the hope of fighting on.

Those cash-strapped dotcoms sure are a resilient bunch -- for now. Instead of going out of business quietly, struggling dotcoms are raising more money in the hope of fighting on. Unfortunately, the new money only puts off their inevitable demise.

It's like putting a Band-Aid on a gaping wound. Full story. -- Larry Dignan, ZDNet Inter@ctive Investor

Topics: Tech Industry

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