any money, page-16

re: any money - figures A statement was made that the combined entity would have have revenues of $100million in 2004-2005. IF they can maintain 5% of that as profit then that is $5million profit. I grabbed 5% from people telecoms previous performance in the half of 26million = $800k profit, its a bit less but lets round up because of all the cost savings and stuff that make.

Also it seems that Chris Gale will be stepping down and people telecom dudes will be running the show - which would have to be a good thing.

Anyways will be intersting, I sold out half of my holdings after the half yearly, as to whether that was a good decision or not, I guess we will find out in May.

Exciting times ahead.