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From: | "Mark Roylance" <malarki@ihug.co.nz> |
Date: | Mon, 14 Jan 2002 00:20:55 +1300 |
Hi Hoops and all,
I was interested in DPC because the management seem
to have strong focus on generating positive cashflow whatever the market
conditions, and using that cash to grow.
The small cap seems to lead to price jumping up or
screaming down quickly when something is happening.
My question is the same: what's happening? Where
did all the buyers come from, and where did all the sellers go?
A few people have said to me that 'the market' is
pricing in the steady growth and acquisitions of the last year to a new
2002 price level around $1.25-$1.35. Buying pressure seems a bit high
for that.
Mark
Disc. hold DPC
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