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CALLING SUE HELEN - RAMCO (ROS)     

xmortal - 29 Mar 2004 15:48

Sue,

Looking at the RAMCO charts i feel it is due for a strong move up as it has been oversold. what do u think? xmortal

xmortal - 29 Mar 2004 16:09 - 4 of 6

Andy,

yes im aware of the gas reserve issues and at present all indicates it is a sell but they still have to carry out further tests on the gas reserve. Still I think is too oversold even with the bad news. Any experts on this???

SueHelen - 29 Mar 2004 17:44 - 5 of 6

I think it is a very hard one to call at the moment. I have not really been following it but I gather that one of the brokers has re-iterated their sell stance in the last week. Profit warnings do come in three's and the company have given 3 warnings now. I would wait until the company publishes their results or if one decides to have a gamble and buy in now then I would advise not to put more than 1K in it.
The stock could get suspended if the results are not released on their forwarded date of some time in May I believe.

xmortal - 30 Mar 2004 10:44 - 6 of 6

Thanks Sue, though it would be appreciated if you could have some input from time to time on this one....Ta.
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