buy recommendation from state one

STATE ONE STOCKBROKING

BUY

COMMANDER COMM. (CDR) $2.21

THIS corporate IT company should benefit from its recent cheap acquisition of Volante Group. More customers and other strategic benefits should boost future earnings per share.

CAPE LAMBERT IRON ORE (CFE) 35.5c

THIS local iron-ore prospect provides speculative exposure to the strong iron-ore sector. It has reserves of 2.5 billion tonnes of magnetite, containing about 30 per cent iron and is continuing exploration. Expect interest from China and India.

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