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Eurodis Electron

November 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Eurodis announced that the preliminary offer talks with a third party had been terminated (not that it was ever that likely). At the same time, it also issued a trading statement. This said that the market in Europe remains broadly flat although sales were recovering and cash flow breakeven will be achieved by the May 2004 year end. Unsurprisingly,the first quarter (to 31 August) was affected by a lack of resourcesto grow sales. The fundraising in September plus new bank facilitieshave enabled normal commercial terms to be resumed with mostsuppliers. Eurodis said that unfortunately it was unable to agree terms with Linear Technology, and as a result this distribution agreement is being terminated with effect from next January. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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