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Re: [sharechat] THO Thistle Hotel up over 6% last two day's

From:	Chris <cd@ak.planet.gen.nz>
Date:	Wed, 5 Jul 2000 10:28:13 +1200

Hi Les,
Just caught the end of an item on Morning Report this morn indicating the 
hotel market was soft in London this current summer and Thistle was 
projecting lower earnings.  This appears contrary to the price movement 
you are reporting Les.  Yes maybe it is oversold, but it does not seem to 
attract any hotel industry investment companies/funds.  If you do 
consider forthcoming action on THO, direct investment seems safer than 
through BRY and all the bad baggage it has trundling behind it.

Regards,

Chris Darby
cd@pl.net 

Les wrote
>An up side breakout appears to be underway with THO, closed at 136p should 
>flow through to BRY very soon if it keeps going and it should because THO 
>is heavily over sold.

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