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Re: [sharechat] FEG / CPST

From:	"Les" <openmind@paradise.net.nz>
Date:	Mon, 11 Sep 2000 11:54:50 +1200

Capstone dropped 11.54% on Friday now at $73 of the high of about $97. Most commentators are not prepared to say if the latest OPEC production increase will reduce the price of oil although the have indicated that it should. They want to see the oil flowing before they get excited.

I don't think FEG will go much below $8.60 if at all. It's more likely to stay in a trading range until Fletchers make an announcement.

FLB is pushing upward with reasonable volume and I noted a bounce in it' s warrant today as if someone got a tip bit of news and jumped in. If FLB was sold the warrant will take off.

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