Forum Archive Index - March 2000

["Bud Fox" <bud_foxx@hotmail.com>]

Malcolm,

I have recently bght some shares in WDT and think that the potential of this 
company is huge (why else would I buy them)  I spoke to a friend of mine who 
works at Merrill Lynch and he told me that there tech analyst visited the 
company with a couple of institutional investors on Thursday and apparently 
came back raving about the potential of the company.  I met Dr Ross Green at 
the AGM and he said that the new Low Power Fan is a world beater, he seemed 
to me to be someone with his feet on the ground.  The Unlimited article (@ 
DF Mainland site) was interesting he suggests they have a real winner which 
I guess is the reason why AXA bght 4.9% of the company the other day.

Apparently the company is going to list on the main NZSE board in September, 
and they are also looking at a Nasdaq listing early next year.

Bud

Disclosure:  As noted above I own shares in WDT.


>as a long time share holder of wellington drive tecnologies (cadac) >iv 
>seen many annual reports,been to many annual meetings,read many >press 
>reports.but since ross green,then martyn gall (ex tait >electronics),dr 
>brian rhoades joined ray thomson and other loyal >staff.i believe the 
>electric electronic mtr is ready for huge mass >expansion, replys and 
>opinions apreciated malcolm f


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