$$$ in the offering., page-11

Hi stolwyk,

EMS has now broken its technical support at 45c - this is particularly negative from a TA point of view.

Whilst not ruling out the inevitable oversold bounce it does suggest that future movements for whatever reason will be down.

I suggest that for whatever reasons EMS will hold above 35c until 31/12/03 (well, it will above that point AT that point) because the EMSO's convert at that date, then quite likely EMS will continue its decline much as BTC has post the conversion of its oppies.

Overall this stock does not look healthy from a technical aspect.

Cheers,