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[sharechat] Securenet [ASX - snx]


From: "Wedde, John" <John.Wedde@weltec.ac.nz>
Date: Thu, 30 Aug 2001 17:39:41 +1200


Recently there was some chat about this Aussie company. They look good to me
--- making money, trading at a discount to their cash assets! buying back
their own shares ---- all in all a solid little performer and a moderately
liquid share. There was some comment last time this share was discussed
along the lines that their products were nothing special and the market
place for them was rather crowded. Otherwise I can't see anything to hold
them back at all. They're presently trading at an all time low of $1.26 and
have been as high as $18. Is this a golden opportunity or am I trying to
catch a "falling knife"?
Would be grateful for further opinions on this one.
Cheers,
John





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