Dot-Coms Start To Face The Prospect Of Bankruptcy

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In recent weeks there has been growing attention upon dot-coms running out of working capital. Attention has initially focused on Peapod Inc., drkoop.com Inc and CDNow.Inc. Each of these companies has recently issued its annual report with a “going concern” limitation. In other words, their independent auditors questioned the ability of each company to continue as a “going concern.”

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