Opened new postion in NCHIPER NCH. IT tech security play. A momentum investment punt for me which is rather unusual but the stock at around its present price is only just over its net current assets of 38 million at 30/09/2003. US customers have defered orders but with the growth figures coming from across the pond this week and business acivity picking up in general I thought at this price the stock was too cheap to overlook. Market cap circa 42 million.

Broker Durlacher has a 225p price target.

Please DYOR, you are responsible for your own buying and selling actions.

cheers GF.

Dropped a few pence of late. A sure bargain worth buying into.

cheers GF.