Ann: STX: Talon acquisition update, page-78

Hi Hardcash

I don't know why STX has announced W7 in such a threatening way, but it's only about $4M for TPD's portion. And that will be covered with about 6 weeks of production from Walyering. It will be an interesting race to see which happens first: TD for W7 or all the cash sitting in Talon's bank account to pay for it!

IMHO Strike are giving the impression they are desperate to secure Talon. I can imagine they are having difficult discussions with Mac Bank about their future funding needs.