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[sharechat] Qixel


From: graham corrigan <gdcorrigan@yahoo.co.nz>
Date: Mon, 3 Apr 2000 18:32:17 +1200 (NZST)


>From what I can gather, Eric Watson's estimated real
and paper wealth is about NZ$120 million. When we
remember that bil@Tech (the Brierley's e-commerce
investment company) is kicking off operations with a
US$100 million balance sheet and the prospects of more
to come, Qixel would have its job cut out for it
unless it obtains substantial funding. I also don't
think that Watson and the other two Advantage
directors would be putting up their own money for tech
investments considering the risks involved. A listing
therefore looks logical.



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