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Excite UK shrugs off US crisis

Bold - or mad?

By Graham Hayday

Published: 22 August 2001 08:30 BST

Excite's UK operation is remaining bullish about its future, despite the possible collapse of its key American shareholder.

Excite UK - a joint venture between BT and the crisis-hit Excite@home - is maintaining that it will not be harmed by the possible collapse of its US cousin.

Rebecca Miskin, Excite UK's general manager, told the Times: "We feel very comfortable that there will be no damage to the UK entity if Excite@home files for bankruptcy."

She claimed the company has enough cash reserves to last "at least another year and probably a lot longer than that".

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