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[sharechat] re: POA

From:	Dean Phibbs <fibz@xtra.co.nz>
Date:	Sun, 29 Jun 2003 12:06:52 +1200

Hi McDunk    

I've noticed this phenomenon regularly over the years - just before good 
news is released a share price often has a spike in value and often that 
"informed money" seems to be right on the mark.  I guess that it could 
be explained by speculators, as well as employees (not necessarily 
current shareholders) taking a stake in the company or even studious 
share analysts, however it makes you wonder about insider trading 
doesn't it?  Still it could be only coincidence... but I don't really 
believe this I have seen it happen too many times in the past.

Dean 


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