Laura Wallace
Inco
N-T
BUY ON WEAKNESS
Jul 19, 2005
Had a big pop yesterday on rumours that an Australian company was going to make a bid for them. Speculative. It is a takeover target but has been one for 10 years. Wait for a pullback.
Doesn't think there will be in it further offers on this. If you have an alternative investment you could go into, he would consider selling at this time, otherwise just hold.