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Subject: UKNM: Financiers' thirst for cash
From: Neha Singh
Date: Sat, 1 Jul 2000 13:02:10 +0100

There was an interesting story on FT.com today regarding the reluctance of
financiers to throw money at new economy businesses.

"Except for the very best brands, companies that don't have a business model
that will generate cash in the next 18 months will be unable to find
financing. It's not a question of terms. It's just not available." says Mr
Kotlery, vice-chairman of Gilbert Global Equity Partners, a private equity
fund.

http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3TG7FS2AC&liv
e=true&tagid=ZZZAN4NOD0C&Collid=Any

Thoughts??


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