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[sharechat] Warehouse

From:	"Mark Hubbard" <mhubbard@es.co.nz>
Date:	Wed, 10 Nov 1999 18:46:22 +1300

Anyone have any ideas why the Warehouse share price has been falling. Its
got very strong forecast earnings, good management, etc, and at current
value seems to be getting very cheap. From a discounted cashflow point of
view (again) I would 'personally' put it at $8.50 or higher (at 15% discount
factor).


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