two buildings on Mission College Blvd close to 101. They file for
bankrupcy in September of 01. The reason is not so much
that they spent money on the buildings, which merely precipitated
their fall. They still have close to $300 million in cash at the time
of the filing but are burning that much money in one quarter due
to the fall of most of their clients.
The two buildings are currently leased to Yahoo and EMC.
I am disappointed by your recent posts which focus on the
superficial aspect of things and not diving into the detail of why
things are the way they are. Bob Sun needs to make some
money too, at least he owes to his limited partners to explain
near term milestone and how he will make it