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* Jfax.com, the Los Angeles company that delivers faxes for free via the Internet, plans to raise as much as $90 million in an initial public offering to fund its business expansion. The 3-year-old company did not reveal a per-share offering price in its Securities and Exchange Commission filing. Jfax.com lost nearly $12 million on revenue of $3.5 million last year; it had 27,000 paying subscribers.

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