Forum Archive Index - February 2000

["Brett & Leeanne Phillips" <bret-lil@ihug.co.nz>]

I understand from some people in the technology industry that while they
have no financial details regarding Safety Net, the company has a growing
reputation and is very professional. I have also read in a chat forum that
they have recently secured some large contracts, apparently one involves the
NZ Navy. Does anyone have any other details.??? Also correct my if you know
otherwise, but doesn't Safety Net look like a NZ. version of Chrome Global
.?????

While I have recently bought Savoy(purely on speculation with the aim of a
medium term profit of about 50%). My reasoning was based on the fact that
Savoy maintained their core business operations and then diversified into
the tech sector without huge cash outlay or by effecting their property
development operations in anyway. Now I confess I am definitley no expert in
these matters, however Savoy's approach makes more sense to me than some of
"back door "listings to the tech sector that some other companies have taken
in recent times.

I was also encouraged that the Chairman and CEO have both emphasized the
Savoy is still investigating further technology investments throughout the
Asian region and they obviously have plenty of influential contacts there.

I'm sure some traders will think I'm dreaming, but I feel purchasing Savoy
at this stage, makes more sense than say buying Spectrum or how about ITC
about 18 months ago. And what about CAG in Aussie.!

Todays closing price doesn't say much for my theories, but I still suspect
there is more to come from Savoy in the next month.

Any comments or further info would be appreciated, happy trading to all and
keep your eyes on LKO in the next month.

Regards

Bret


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