monthly income us$20m and no interest, page-7

re: intermoco for kiril Hi kiril,

There is very strong technical support for INT lying at 15.5c, not suprisingly exactly half the price INT recently traded to at 31c. Once again the value of buy and hold gets thrown out the window when buy/sell/buy could yield double the number of shares!!!

As noted by others INT has nearly doubled its shares on issue as a result of raisings associated with its recent purchase of the Email Metering business which finally gives INT a real cashflow and profit source.

So from a strategic point of view you would have to say that things look very promising here.

Will 15.5c hold? Different question. Personally I will buy if and when it hits 16c but would be off faster than a brides nightie if trading breaks below 15c (stop loss).

My concern remains the extent to which Malaysian investors now influence this stock and how Australia's current international 'cultural contribution' is being viewed.

Probably the investors don't care one way or the other but I am not sure how much the decision upon metering system choices in Malaysia/Singapore may be influenced by government.

As always do your own research in that regard.

A break below 15.5c would suggest new lows of 11c and 9.5c (if it breaks.)

Upside looking for 21.5c and 25c. Again personal opinion but it just doesn't seem like the right time to be making large long term investments on the stock market with housing equity but each to their own.

Cheers,