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| | Netimperative - Investors let down by Magic Moments (Site not responding. Last check: 2007-11-03) |
 | | Investment in web hosting infrastructure led to an operating loss of 2,828,000 for Magic Moments, the SME-focused internet solutions provider, in the six months to 30 June 2000, despite a 270% pro-forma increase in revenues to 2,174,000. |
 | | Abby Hardon, chief executive of Magic Moments described the period as one of “rapid growth”. |
 | | With just 5.3m in the bank and a break even date of Q4 2001, Magic Moments will be looking for more cash some time in the coming year. |
| www.netimperative.com /2000/09/05/Investors_let_down_by (464 words) |
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