Forum Archive Index - October 2001

["george souros" <g_sourous@hotmail.com>]

As a long term shareholder in this stock obviously I wish I had sold down 
some time ago. The only news coming from them at the moment is 
gloom,gloom,gloom - nothing like the good old days.Having bought near the 
top is this the bottom we are at now? I must say I am a little concerned as 
to the effect Sept 11 has and is having on them. Normally their A.G.M is 
this time of the year but I see they have scheduled it for the end of 
November, no doubt all will be revealed :(
I see the company announcement last Friday where they are laying off staff 
in Australia but they are still trying to put a brave face on it. My read of 
it is the Whitewolf acquisition  was a mistake and now they have had to do 
an "Ansett" on it and cut it adrift.
Interesting/Scary to see how much litigation will come out of this !!!
Comment appreciated
Disc. Holder but not sure for how much longer

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