Rodney young thought he'd hit the big time. For months he had been casting about for cash to save his young telecom-services outfit, Eagletech Communications. Then in March 2000 he sent a team of executives to New York to meet a group of potential investors at Salomon Smith Barney. Young had a patent, but no sales, and yet here were five Salomon officers and a group of investors offering to buy convertible preferred shares from Eagletech for up to $6 million. "I thought these people wanted to help us," he says. He was soon disabused of that notion. Immediately after the meeting at Salomon, Eagletech's share price began to sink By November it was down from $14 to 75 cents, erasing $113 million in stock market value. That seemed extreme even for a company that had only $300,000 in cash and was burning $100,000 a month.
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机译：罗德尼·杨（Rodney Young）认为自己已经度过了重要时刻。几个月来，他一直在寻求现金以挽救年轻的电信服务公司Eagletech Communications。然后，在2000年3月，他派出高管团队前往纽约，在Salomon Smith Barney会见了一群潜在的投资者。 Young拥有一项专利，但没有销售，然而这里有五名所罗门官员和一群投资者提出以不超过600万美元的价格从Eagletech购买可转换优先股。他说：“我认为这些人想帮助我们。”他很快就被这个观念所困扰。在所罗门会议之后，Eagletech的股价立即开始下跌，到11月，它从14美分跌至75美分，抹去了1.13亿美元的股票市场价值。即使对于只有30万美元现金，每月燃烧100,000美元的公司来说，这似乎也是极端的。
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