powertel, page-5

I am happy with my investment in this company. They are going about business in a quiet and confident way. Major shareholders have snuck to about 57%; which may be positive but certainly should prevent wild fluctuations in sp. One wonders what would have happened if the other crowd had got hold of the company. They had their nose put out of joint and tried the patriotic plea but wouldn't put up the money. My guess is that we are better off with these owners. I expect that the current buying could be them upping their shareholding by another 3%. I have sold some shares hoping to buy back in again at a lower price.

Best of luck

W2