Forum Archive Index - April 2000

["Bud Fox" <bud_foxx@hotmail.com>]

Malcolm,

I think you may be getting a wee bit confused. The article that caused so 
much interest in the US appeared in a recent edition of Barrons and talked 
about ecommerce companies and what each companies 'burn rate' of available 
cash was.  In the article you would note that the writer commented that 
companies with in excess of 1 year of cash were in a strong position to take 
market share of those who were not, or were about to run out of cash.

Given that the CDStar issue is fully underwritten, I would read that they 
are in a position to fund advertising, expansion and if the opportunity 
presented itself aquisitions for at least the next two years.

If anything your comments reiterate why I will be putting my hand up for 
some, thanks.

Bud
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