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[sharechat] Vertex - Caveat Emptor


From: RIL <ril99_99@yahoo.co.uk>
Date: Mon, 17 Jun 2002 01:20:58 +0100 (BST)


I just received a prospectus for Vertex. Don't be
fooled Kiwis - this is one of the most disgusting
offers I have seen in a long time.

I raised many laughs in the office with this one.

Everything relies on grossly inflated forecasts off an
historical PE of nearly 50 on historical core
earnings.

Don't touch it with a barge-pole.

RIL - in amazement.

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