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Re: [sharechat] Frucor progress ?


From: Brian Gale <brigale@i4free.co.nz>
Date: Thu, 10 Aug 2000 16:34:17 +1200



Agreed Warner.  That July announcement was hogwash IMO. One 50k sale early 
today and 100k late pulling the price down - start of a decline ? They have 
had a good run, now the reality sets in. It all revolves around that one 
product in a highly competitive market.

Incidentally for the second day the Top40 moved up towards the close 
showing a more positive trend. Fingers crossed.

Regards
Brian
(No FRU)

At 14:26 10-08-00 +1200, you wrote:
>What I think it means is the reality of being NO.2! in UK where the number1
>has 95% market share is somewhat misleading. Its abit like saying our sales
>have increased by 250%...but from what to what...When they produce some real
>figures and not This no.2 rubbish there will be some firm direction. On a
>reasonable PE if there is good growth in real sales, Frucor should continue
>merrily on its way.IMO....but the market is waiting now for evidence
>Warner
>
>
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