pawsey supercomputing centre csiro, page-11

BWZ,

You know what HC lacks by in large; good robust discussion rather than flippant one liners that are so often the case.

Let me preface this by saying I have maintained a strong interest in CKK for some time now & I feel I have researched it inside out. Importantly I must also point out that in the past I have been extremely impatient. I have come to the realisation this is a fault of mine & in the past it has cost me (I shan't bore you with the details).

Taking a long term view of CKK now, I am extremely comfortable to hold this company within my SMSF. I do so based on zero information eminating from the company highlighting negatives - no nasty surprises!

Essentially the bottom line is as investors we can be guided by company released information and little else (other than confirmed research of our own). Again in the past I have been extremely guitly of basing my investment decisions on poorly sourced information. I drew a line in the sand and decided the time had come to take responsibility for my own actions ;)

Having said that, investor sentiment can & does change quickly & my own is no different. It is however important to remember at times when this occurs the key reasons one based their investment decision on in the first place must be revisited. If these key reasons as a result of your research still exist then ignore the temporary change in sentiment as it has most likely come about as a result of a lack of information. When an information vaccuum occurs this in turn leads one to seek out information that may fill this gap?

Bottom line BWZ for me is I believe totally in the GT3000 however I don't have any confidence in the CLRS and haven't done for many, many months. I am however willing to have this confidence turned around by some positivity from the company.

Am I disppointed in progress, you bet I am! In fact here's a list of points I'm disappointed in;

1. Testing not completed @ Merredin,
2. Lack of updates regarding Merredin,
3. Consistent over-promising & under-delivering by company board members, and
4. The company being controlled by the money providers - tail wagging the dog!

In closing, I suppose having followed this for what seems like an eternity (over-dramatising) I ddidn't want to be caught on the sidelines when those holding the lead led the beast off for a decent run. IMO the trading activity tells the story & has done for months, it's designed to give the impression that all is not well when the contrary is in fact the reality.

There are of course many small cap speccies like this presently.

Sorry for going on & on ;)

WC8