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To: Dexter Lives On who wrote (183)5/12/2001 5:59:04 PM
From: James Calladine  Read Replies (1) | Respond to of 449
 
"Capital availability is extremely critical right now and probably for the next 12-18 months. They will need to invest very carefully."

Yes, I certainly would agree with that.

It probably comes down to a simple equation like:

capital availability + revenue from the lit network
must not be less than
organizational operating cost + buildout cost

If capital availability is DEPENDENT upon actual revenue achieved from the lit network, you could understand why
the investor community could become jittery.

What has ACTUALLY BEEN ESTABLISHED as to the rock-solidness of capital availability in this case?

I understand TSIX debt has sold off very sharply. If the capital availability is rock-solid, why would this be so?

Best wishes,
Jim