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MCI Management's 'slight loss' after initial zł.3.56 million revenues

MCI Management, a venture capital fund which invests in risky technological enterprises, is predicting that its revenues for 2004 will total zł.3.56 million. This compares very favorably to the previous year's return of zł.0.9 million. However, the company has already made a net profit of zł.3.61, suggesting that results in the remaining part of the year will show a slight losses. The fund has not decided to publish a consolidated prognosis because there are too many factors which it might have to be retracted later on. "It is enough that we activate some new enterprise and we will have several plans for the second part of the year," explained the president and the main shareholder Tomasz Czechowicz. (Puls Biznesu, p. 8) A.F.

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