Forum Archive Index - February 2000
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Re: [sharechat] Savoy profit-taking tomorrow?
I'd like to reiterate the comments made by Osbert with regards to Savoy's
recent trading price. I have been watching the price over the last two
months and the larger volumes have mostly traded in the 8 cent range. Those
traders who purchased in the last fortnight at lower levels may make a quick
buck, however I think there is a lot more to be announced with regards to
Savoy's future technology investments and will therefore be looking to
purchase myself.
The announcement made on friday makes special mention of the point that
executives have been investigating a number of technology based investments.
With Savoy's Asian connections future alliances with telecommunication and
internet related business' could be successfully created and the 'wireless'
technology is the future.
Also there has been recent newspaper comment with regards to discussions
being held with Ericsson, who I understand are leaders in the "wireless"
technology. Maybe there is bigger things to come?
Anyway tomorrow will give us the an indication of what other investors
think, I just hope the price doesn't jump before I can get my order placed.
Regards
Bret
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