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[sharechat] EBOS - Running Out Of Excuses


From: "David Ling" <seechoke@hotmail.com>
Date: Sat, 24 Mar 2001 23:17:28 -0000


Several reasons why EBOS is not performing - Failing to meet market 
expectations and then blaming it on exchange rates 2 years in a row, failing 
to fully capitalise on a Labour Govt increased funding of the health sector 
in NZ and last but not least, continously issuing shares to executives at 
around $1.00 (under share option scheme).

Notice how the executives never increase their shareholding in the company 
but always seem to sell the issued shares for a quick profit after issue?

Several large institutions also trying to get out of the stock - plenty of 
stock around. Could be a question of how low it goes, me thinks.




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