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[sharechat] Briscoes/PRG

From:	"george souros" <g_sourous@hotmail.com>
Date:	Mon, 26 Nov 2001 08:10:39 +0000

Obviously with the huge demand for Briscoes scrip and with it being such a 
good business this has to be the IPO of the year. Their story is certainly 
being pushed pretty hard unlike fellow retailer PRG who seem to been bagged 
by their owners. Amazing the difference when a company is being set up to be 
privatised versus a company about to be listed!!!
What I find unusual is that Briscoes has only approx 2/3rds the revenue of 
PRG yet will have a market cap twice PRG,s! You have to ask yourself why is 
PRG so low?

Still holding PRG and buying Briscoes

George

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