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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (3033)	11/8/2000 6:00:36 PM
From: thegreatkazoo	Read Replies (1) \| Respond to of 19633

CC going on now. Sounds like they will provide in depth info on a number of companies they are planning to bring public in the short term, at their Investor Forum on Nov 18th. Q&A Period Now Questions from BoA were immaterial. Merrill Lynch, nothing surprising so far. Head count redutions coming from acquisition side. Their headcount reduction is only 50 people. Goldman Sachs talking about RightWorks Suite. They sound happy. Outlook for cash deployment for top tier companies? Will be $100 mill range. Plenty of cash available to work with the top tier companies. Estimate to buy into companies? Too broad with so many companies to get into today. Could sell assets to increase positions in top tier companies. Sources and uses of cash? Enough Cash? Absolutely. High cash position, credit facilities, no problem to develop these companies. CSFB asks about funding for next few years? Capital is deployed throughout the network. Monetizing some companies will free up capital to be re-deployed into acquisitions. Color of Investor day for next week? Critical info coming next week? Next week are e-credit logistics rightworks (I missed the other 3, sorry guys), will give the metrics, but wont be able to disclose revenues for competitive reasons. Will show you how the companies are ramping, and give knowledge about estimates going forward. Link share, clear comerce are filing Ed John asks about increased focus on smaller network of companies, does this mean you are not in as many markets as you thought you could have been? No, we are in many markets and have access to many others. Over the last 5 years we went after the larger companies, and now we are focusing on making the top tier profitable. Remaining 60 companies, outside of the top tier companiesin ICGE, what about the funding for them? 45 of the companies that are in there will not be funded in some cases, others will, but the category one companies are where we are focused, and the 2nd tier will have to show us that they can be tier one to continue to be funded. Roberton Stephens asks what outlook is divestitures over the next few months. We aren't forecasting any new ones. Do you see consolidation in the B2B landscape? Yes, but we are the best positioned, yada yada yada. Current cash balance? As of today is $420,000,000. KMG Capital asks what type of equities you are seeing right now? Valuations in private market is down right now. But successful follow on financings are strong. CSFB asks on e-merge, they have a recievvable due to you for 23 million, and has that been paid? Yes that has been paid. Chase H&Q asks about line of credit? Yes, $250,000,000. Sory guys I have to go. Conference call continues. I have typed this very fast and dont have time to spell check, I'm late now. DON'T KILL THE MESSENGER!! Kazoo