anything going on, page-16

Hi JID

I don't think so - volume is too small in either UXC or IGG to suggest any swapping of stock. Mind you - it wouldn't be a bad idea - especially if you wanted to take a tax loss.

I think the market is just a dog right now...and I suspect that there is some scepticsm that UXC or any other IT stocks can continue to grow in the next year or two.

Mind you - at a trailing dps of 9.75c fully franked on a 60c share, there would have to be a very large downturn in UXC's cashflow to bring the dividend yield below 10%.

Good opportunity for the brave and cashed up, like Geoff Lord who just voted with his wallet. I guess he is in a better position than most to know whether his $6m investment is a good bet.

Zinc