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Excite@Home's Future Shakey
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Posted by: TotalRecall
Excite@Home said in an amendment to its annual report filed with the Securities and Exchange Commission Monday its "existing cash and other liquid assets may not be sufficient to fund operations through the end of 2001."
"These conditions raise substantial doubt about our ability to continue as a going concern," the company said. "We cannot guarantee that we will be able to obtain additional funding on acceptable terms, if at all."
Excite has cut jobs and sold off parts of it's company to stay in business, but it's not looking good. Read more here.
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