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Technology Stocks : 360Networks - TSX - TSIX -- Ignore unavailable to you. Want to Upgrade?

To: Dexter Lives On who wrote (196)	5/15/2001 5:21:08 PM
From: James Calladine	Read Replies (1) \| Respond to of 449

NOT THE KIND OF COMMENT THAT GIVES YOU THE WARM FUZZIES: <<<Wittman continued: "Under the revised business plan, 360networks will require additional working capital of approximately $300 million over the next four months. We are currently in discussion with existing shareholders to resolve this issue. That funding, if completed, would likely be in the form of additional senior debt. Based on the revised business plan and the incremental $300 million in funding, we would be funded through the point when our business is expected to be cash flow positive in 2002.">>> Best wishes, Jim