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Subject: Re: UKNM: QXL
From: Ian Betteridge
Date: Tue, 5 Oct 1999 19:03:21 +0100

> don't forget some float to realise existing investment, some float to get
> extra investment and some float to be there before their rivals for the PR!
>
> But yes, always good for businesses to build themselves up first before they
> go for a listing and indeed, QXL has been building itself up over the last
> couple of years.

But, by and large, the "investment money" seems to go towards buying up
other companies... which is hardly the kind of investment that really builds
a solid business.

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