I thought this should be a great time for such a company. Lots of oppportunty to advertise this year. Lots of sporting events on telly including euro champs, olympics. And of course we have US elections coming up. If this is not a good time then when is?

they might bid for another ad. agency

results on 20 august

im suprised more have not got opinion on WPP. Am i the only holder in the world?

I am the only one left in, thats why the price is only going one way.

There's loads in.......short :-)
regards

You know how to cheer someone up tig. lol

Thanks, did some research to confirm and decide to go short as well.

See Invest Tech reports on link below:-

http://www.investtech.com/main/market.php?CompanyID=44101044&product=4

For you guys :

Below article may be one of the reasons for the continued fall of the share price, I believe the company is on the acquisition trial hence the price has been coming down :

Sorrell takes WPP deeper into Russia
By Guy Dennis (Filed: 08/08/2004)


WPP, the advertising giant, is in advanced negotiations with Video International, a Russian firm founded by an adviser to president Vladimir Putin, in a bid to create Russia's biggest advertising agency business.



Video International makes most of its money from media buying, but also owns a number of advertising agencies. Under the plans, these agencies would be merged with WPP's Russian operations to create a new joint venture company known as WPP Russia.

The joint venture would be expected to have annual revenues of about $30m (16.3m).

WPP, which is led by Sir Martin Sorrell, the chief executive, would have a 51 per cent stake in the joint venture and is paying several million dollars to Video International to ensure that it is the senior partner in the new company.

Video International was founded by Mikhail Lesin, a former minister for press and information, who has since become an adviser to Putin. Lesin has said that he no longer has any financial interest in Video International and has had no hands-on involvement since 1994.

Video International has 13 major shareholders, thought to include well-known Russian businessmen.

The company has until recently held a media-buying monopoly, working exclusively with Russia's two largest state-owned television channels, First Channel and Rossiya. However, two months ago it was forced by the government to choose between the two and it now no longer works with Rossiya.

WPP first considered working with Video International in 1997, but the talks broke down. An executive familiar with the deal said: "It would create quite a powerful business in Russia."

The Russian joint venture is just the latest in a series of partnerships that WPP has been building in recent months. Last week WPP announced it has formed a multinational joint venture with VNU of the Netherlands to produce television viewing figures in 30 countries.

WPP is also one of the potential bidders for Grey Global, the US-based advertising group, which is thought to be worth around $1.3bn.




http://www.money.telegraph.co.uk/money/main.jhtml?xml=/money/2004/08/08/cnwpp08.xml&menuId=242&sSheet=/money/2004/08/09/ixcity.html

WPP shares were higher, up 5-1/2 pence to 475-1/2 after SG Securities
upgraded its rating to 'hold' from 'sell' ahead of the advertiser's interims on
Aug 20.
'While concerns for global marketing budgets into 2005 are likely to
persist, it expects WPP's short-term delivery against expectations to remain
unimpaired...'