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Re: [sharechat] FEG getting hit hard maybe.....

From:	"G.P.Thompson" <gp.thompson@bitworks.co.nz>
Date:	Wed, 4 Oct 2000 12:17:00 +1300

Yes Les I have to agree. FCL should keep FEG and deal with FFS which has the debt burden. Looks like we will have to wait a while longer though.

GPT

----- Original Message -----

From: Les

To: sharechat@sharechat.co.nz

Sent: Wednesday, October 04, 2000 10:33 AM

Subject: [sharechat] FEG getting hit hard maybe.....

It would appear that FEG is getting into oversold country, (If it doesn't hold $7.90 though then $7.60 is the next stop) maybe the big boys have heard a negative whisper.

The commerce commission is obviously having difficulty making a decision and imo the longer it takes the lest likely a sale will be. The best outcome for NZ and our market would be for FEG to be retained and the other two sold.

Someone said the other day that FEG is the Jewel in Fletchers crown, I'm sure we would all agree.

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[sharechat] FEG getting hit hard maybe..... Les

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