News & Comment
A £140 million fundraising for a Balkan property vehicle leads the flood of Eastern European ventures that have recently unveiled plans to float on AIM.
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Telecommunications industry software provider Orchestream has taken further steps to reduce monthly outgoings, as its cash pile has halved in six months to £26 million. Elliott Davis reports.
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Recommendations
Flourishing Bulgarian property developer Orchid has expanded its land bank and is excited by a number of potential opportunities.
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Orchid has blossomed from a 224-room, four-star hotel on the shores of the Black Sea to a diversified property developer.
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Orchestream
NO RECOMMENDATION 24/10/2002
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Orchestream
NO RECOMMENDATION 27/02/2001
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Orchestream
NO RECOMMENDATION 30/01/2001
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Sector Articles
Signs that technology companies, operating in the software sector in particular, may have reached their lowest ebb have intensified in recent weeks following a further stream of acquisition announcements, contract wins and surprisingly upbeat trading results.
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Forecasting which way techMARK will go is fraught with dangers. Alain Argile's TMT team at Credit Lyonnais points out that the recent market recovery, which has seen the techMARK 100 index recover 18 per cent to 1333 points, makes 'two major assumptions'. One of these is that all will end well in Afghanistan and that no more terrorist attacks will be launched in the meantime; the other is that the measures taken by the US Federal Reserve and the European Central Bank will rapidly boost investment and stimulate household consumption. Argile suggests both these assumptions look like 'rather wishful thinking'.
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