Sub .5p buys are history. It`s true I tell you.

Fully expect QXL to be on offer at 1/2p and below in early new year. This company is insolvent.

This "profit all countries" means nothing. Whats important are the central costs and QXL have never mentioned when they will (if) be in profit.

The cash at hand as at 31/12/02 should be in the region of £4,000,000. I would expect that to reduce to £2,000,000 as at 30/3/03.

After that expect the company to be put into administration. A slim lined QXL may have a future but all current shareholders will get is nothing apart from a letter from the administrator and a valueless share certificate to be auctioned on Ebay!