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Technology Stocks : 360Networks - TSX - TSIX

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To: Marty Lee who wrote (295)	6/7/2001 4:04:07 PM
From: Dexter Lives On	of 449

Hi Marty, I have a small long position and I'm sticking with it, fwiw. If there is any equity to salvage, I think the money might be found but signs that the end user market is perking up will need to be established. There's a bit of a feedback effect between demand and network build financing; this company's timing definitely was not good for such a capital intensive project. Whether they can squeeze a viable business model out from here is unclear, at best. I feel for all of the investors out there that bought early on based on the network builders' track record; I think they have a good management team and got caught in the middle of a lurch in the capital markets. We'll see. Regards, Rob

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