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Re: [sharechat] Telemedia going ballistic


From: "Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>
Date: Tue, 28 Mar 2000 22:23:18 +1200


Derek,
I'm certainly enjoying my first experience with the ASX, particularly given
my recent run with the NZSE!  Unfortunately I was a little late - started
looking at them last Thurs at $5.40 (after they were mentioned by
Strathmore, but since I've never gone into the ASX before I was a tad
cautious and did some basic research.  They looked VERY good, but I couldn't
get funds ready to go into it until Tuesday, was sick - missed the initial
blast off through $7.40 but managed to jump on today at $8.40.
They've just entered into a very lucrative deal with a US firm, have sound
management, a solid base and a clear strategy for constant growth.  Merrills
see them headed for a NASDAQ listing soon, and this deal pushes them closer.
I've heard rumours that they may have patched together some more deals while
the CEO was over in the states that are close to being tied up.  IMVHO this
appears to be a company that has well positioned itself to go ballistic, and
of course, now it has.  More to come?


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