new md - brierley, page-12

Hi All
I did get out of ALY sometime back, after pretty dissapointing expectations, but looking for re-entry.

From a TA perspective, it if it can hold that level around 23, accumulate there, then we might get some Longer Term money back into the stock. ATM the money looks to quick and short term.

The level of cash is helping this one ATM , however IMO they are lacking in some motavation. The comment from the last quaterly "seek value creating acuisitions" does worry me that they have no confidence in their current projects.

Anyways, gl all
rambleon