re: director sells (kiril) Thanks JFC....very...

re: director sells (kiril) Thanks JFC....very interesting.
Especially the SSB cut.

Here it is for those of you who havent read it.

Kiril

1054 [Dow Jones] STOCK CALL: Salomon Smith Barney (SSB) cuts National Telecoms (NTG) FY03 EPS forecast by over 40% to reflect highly dilutive 1-for-1 rights issue. "While the stock has fallen dramatically and appears cheap, the risk of a full blown ACCC investigation (over sales techniques and contract terms), potential for limited access to finance, and fluid cash-flow position leave us uncomfortable recommending an investment in NTG," analyst says. Shares last down 3.1% at 15.5 cents; 12-month range 11 cents-A$1.80. (BAM)