watch very very closely - speculation about a big distribution deal !!

Gallick - It's not dilutive, as various directors announced prior to your post, that they were selling shares and options to Dixon's.

The Company was today advised that on 16 February the below Directors sold and
granted options over their share holding of ordinary shares of 2.5p each in the
Company at a sale price and grant price of 165p per share, to DSG Retail Limited
("Dixons"), the principal operating subsidiary in the UKof Dixons Group Plc:




Name Total shares Shares Options Resulting Resulting
previously sold to granted to shareholding Percentage
held Dixons at Dixons at
165p 165p


Martin Higginson 10,938,890 203,031 1,229,843 9,506,017* 39.90%

Lee Dudack 895,324 36,364 220,270 638,690** 2.68%

Gavin Whyte 891,178 24,242 146,847 720,089 3.02%

Mike Watt 310,188 24,242 146,847 139,099 0.58%

Alan Denyer 386,855 15,152 91,779 279,924 1.17%

* This figure includes 4,345,510 Ordinary Shares held by Martin Higginson,
MargaretHigginson and MJF SSAS Trustees Limited as trustees of Megafone (UK)
Limited Retirement Benefit Scheme and 193,259 Ordinary Shares held by Martin
Higginson and Philip Whiteway as trustees of the A Higginson 1996 D Settlement.
Martin Higginson and his wife Margaret Higginson are the beneficiaries under the
Megafone Retirement Benefit Scheme and Margaret Higginson is also the
beneficiary under the A Higginson 1996 D Settlement.

** This figure includes 99,255 Ordinary Shares held by Michelle Green-Dudack who
is the wife of Lee Dudack.

Thanks sigmadelta I seemed to miss the specifics. Double positive write-ups in Shares magazine on Thursday bodes well.

Price target of 253p set by Teather & Greenwood. Graph starting to look good with a possible break-out in the near term. I was just looking at the details of the purchase of Mediaprom, which it appears that mob picked up at a serious bargain price. Also rumours of possible alliances with Woolworths or WH Smith.

All looks pretty positive to me.

Regards
gk

Ouch! Now that's what I call a hard landing...

Yeah, that really was a bit nasty. It seemed to come out of the blue sky as well. Have been reading positive stuff until v.recently. Don't think I'm brave enough to buy now although things have settled down.

Read an interesting article recently in shares mag suggesting that companies bounce back from profit warnings far quicker these days. May hold on to what I've still got. Chin up!!

rgds
gk

Gallick - I was thinking just the same. It's got to be a better time to buy now than a couple of weeks ago! Still a very good looking company, but getting caned now for misleading the City boys who don't like being made to look silly.

buying target at 60p -

Blimey guys, don't take this the wrong way, but don't you want to be long of strong stocks that are moving upwards?

This looks to have a bit of buying today - The falls look to have been ridiculously overdone - Teather and Greenwood maintain their Speculative Buy stance, the company has plenty of cash looks to be growing rapidly in the medium term, with subscriber numbers exceeding the companys own targets, the management seem to have good reputations. I would expect some speculative buying over the next few days. Time will tell

>>ella

Agree with you there. The resignation of the sales director was the final straw...but perhaps he was told to fall on his sword!! I have to admit I am hanging on grimly to these whilst I normally cut and run...only cos I have a certain amount of faith in the management.

regrds
gk