Ollie are you holding LOK? I'm still a little shell shocked since you know what! As most of the past performance was based on MSN and the fact that MSN are now going into competition with LOK it is very hard to guess the future for LOK, having said that if the cash burn is zero then with the local directory deals LOK could do well in the longer term. At least the MSN contract is not held over them, and the lesson for LOK and yours truly is the basket one.
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