recently hit support at 6.31
is on a rebound

resistence level = 10.5

price target 14p

I expected it to hit 10.5 in the next 10-20 days making it a 25% gainer :)

Take a look and please let me know what you guys think

goal - i think it is the other way round because they report in dollars. this one of the reasons the price has been depressed because of the weak dollar. but the dollar is slowly getting stronger from 1.9 to 1.7 dollars to the pound.

here we go, starting to find out where all those shares went to.

pth

IQE PLC
19 July 2005


IQE plc (the 'Company')

Holding in Company

The Company was informed on 18 July 2005 by Legal & General Group plc that,
Legal & General Group plc and its subsidiaries have a material interest in
10,000,000 ordinary shares of 1p each in the Company ('Ordinary Shares'),
representing 3.16 per cent. of the Company's issued ordinary share capital.
These Ordinary Shares are registered under HSBC Global Custody Nominee (UK) Ltd
A/c 887711.

19 July 2005

heard its been tipped in sharesmag this week