Forum Archive Index - January 2001

[RIL <ril99_99@yahoo.co.uk>]

With regard to todays announcement - thank you John -
which has been ignored by Sharechatters; the company
is buying $1m of earnings at a multiple of around 5
discounted. The stock is trading on forecast 9 odd. Do
the math.

Also marks a new approach by the sounds of it to
growth by acquisition.

Much faster way to grow. 

By the way Ben, thanks for the info on Telemedia. I
can't understand why the stock is going down. Close to
two bucks - especially after the Jap deal. I think
Chris Jones may have pumped it too hard on the
roadshow circuit. Don't know too much about the stock
myself though.

Au revoir mon amis.

RIL
(Londres)




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