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Re: chanelle post# 14

Wednesday, 03/06/2002 2:25:19 AM

Wednesday, March 06, 2002 2:25:19 AM

Post# of 28
This is good ... the new accounts were coming under the SEG umbrella during February, so this month they should contribute even more to topline growth ... plus as total ticket numbers increase the per-ticket costs go down, and better use is made of fixed overhead as well .... i'd sure like to know when cash-flow breakeven is going to happen, shouldn't be too far away at this rate

No trades today on segb, but did you see Dundee there on the cpt? - i watched it live, got to the computer just as they were starting ... they bought 100k today, 100k in February, and 946k net during 2001 ... rumour has it that this may be a fund in the UK, i haven't tried to verify that, doesn't matter so much, clearly it is a player of fund-like size and that's what counts ... they're up now 1146k since Feb of '01 [following a year almost without trades in '00, i think Feb '01 was the start of the position], so they can buy only another 200k or so before they hold ten per cent and have to declare [assuming all Dundee shares are held by one player, which it sure looks like they are] .... i wonder if at some point their interest might turn to segb

On preview - i've never used it here yet, just not in the habit, should experiment with it somewhere ... cheers

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