Smorgon Steel has more appeal for me.Re Atlas--Just a slight...

Smorgon Steel has more appeal for me.
Re Atlas--Just a slight concern re the steel used for whitegoods & the expected slow down in housing impacting on the business. Long term looks OK though.


Date: 25/6/2003
Author: Chris Wright
Source: The Australian Financial Review --- Page: 36
Retail investors in the Macquarie Diversified Private Equity Fund are expected to benefit from the float of Atlas Group Holdings. Atlas was backed by one of Macquarie's wholesale private equity enterprises, and the fund will receive an increased return on its investment as a result of Atlas being listed. Retail investors can only be involved with the Macquarie fund through their superannuation, and the Atlas listing is expected to increase the value of their superannuation investment by close to 14.9% over five months. While there are clearly gains to be made in this way, the risk level involved may be too high for many retail investors.