Forum Archive Index - August 2001

["Chris Watson" <cgwatson@zfree.co.nz>]

An underated stock that has been overdue for a recovery (IMHO).  Interim result 
includes
a rise in eps from 2.3 to 2.5 (i.e. 8%) - not bad given recent tech doldrums.  
Nice
moves into Singapore (which can't be easy at the mo') and inroads with Kachingo 
and
SoftTech.  My only real concern is that they are not holding much cash, but 
given
the health of their current investments, this doesn't amount to much.  CSG 
holding
is a lot less than it used to be, and even with that investment there is a slow 
and
slight recovery underway (a new mgmt team will help).  ALl up, there is nice 
upside
and as long as the bottom doesn't fall out of the NASDAQ any more than it has, 
I'm
picking a nice recovery.

Disc: HOLDER and very positive about this stock's trading and investment 
opportunities.

 
>
>SMR went up 12% today and 20% since yesterday. Obviously the news >release has 
>had
a positive impact. Is this a sustainable breakout? >Opinions please.
>
>
>
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