Forum Archive Index - September 2003

["David & Jill Stevenson" <djstevo@quicksilver.net.nz>]

Morgy,

          Heaven knows why I am replying to your queries re invest ment strategies re XEL. At first I thought you were the contributor who referred to, I presume my submissions ,as "mumbo jumbo " now I will be accused of paranoia .Perhaps it is to your credit that that was in fact  an inarticulate assessment in 4 syllables via some "Lazy Haggis "contributor.

I put a lot of effort into what I write to just perhaps be of some use to others, a course you would appear to describe as some sort of ego trip. I did not count the exact number of times but perhaps three times you used the adjective "wonderful "and once"marvellous" to describe references to research in my communications to Cristine . These were your choice of those words to give some sort of spin to your criticisms . A cheap ploy. My opinions stand or fall on their merit or lack of merit without resort to cheap tricks. My communications were addressed to Cristine personally- If one can claim that on a public forum. Others remarks have been in the nature of intervention.

       I thanked Cristine for her recommendation regarding a share I was already invested in .Whether you like it or not I thanked her for the gesture of being prepared to make recommendations to others .What I regard as an act of selflessness a quality that shows in the manner she submits. I commend you Cristine you thereby contribute to improving the culture of this Forum.

      I was wrong saying the Company floated in June. I should have said it had a partially underwritten issue at 3 cents.

      The Company`s future is ,I agree risky, in a technology field . It`s Microderm skin cancer diagnostic system is fully fledged and patented ex Viomed AG.

      The Funhaler Childrens ASthma Pacer  (aerosol delivery ) has received wide spread praise. How one determines the future cash flow from those products is the imponderable.Without the rights issue the company would have been cash strapped . In fact the ASX did ask questions of the company whose answers appear to have allayed that Body`s immediate doubts. The $1m grant came somewhat fortuitously. Unfortunately one cannot quantify monetarily  "good news "as it is released to the Public.

       Do be careful Cristine with this investment. I believe Morgy`s advice to you is reasoned and he has your best interests at heart. Wharever his agenda may be towards myself. I think I am old and ugly enough to handle that.

                                                                                                       David S.