more on china, page-38

Hi Jd,

I think that diversity is directly proportional to the amount of research and confidence you have in a stock. There are a number of posters on this BB that have done a power of research and at the moment they are all coming up with the same answer (obviously this can changge).

As you know, I have sold out of my other shares as a direct result of research and discussions I have had with management. If you remember I did a similar thing with ADY and the SP didn't move for ages, and yes I did get frustrated, so much so that when it doubled in price, I tried that freehold cr#p. I missed a huge amount of profit.

As for the SP it will take care of itself and I am sure management is confident of having some major contracts over the line before the closing date of the SPP plan on the 23rd of January, 2008. If the sp is significantly higher than the current Sp you run the risk of not getting your full allocation. The company has the option of scaling back.

I'm working a 2 to 10 on NYE and the SP is always soft during this period.

Best of Luck JD
and Happy New Year.