talk of the town, page-13

re: talk of the town - ridge. G'day,

I agree with caution (always).

I have not yet done any decent sort of DD on this one but at least they seem to actually be signing up customers at a great rate (to the extent that there is now a shortage of wireless modems).

I believe that it cost them $35m to set up the Sydney network. I believe they have something like $60m in cash. Melbourne is scheduled next in the rollout schedule so it looks like they have enough cash to easily do that.

BTW Riidge, I think your Mkt Cap figure is wrong. As I make it they have 250,000,000 shares. At Fridays price of .94 that gives them a mkt cap of $235 million.

Responses by early adopters on Whirlpool are very positive.