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echo: locuser
to: Frank Malcolm
from: Paul Edwards
date: 1997-03-22 13:53:10
subject: get rich quick

PE>> I rang up the Gawler Gold people and they got my application and all is
PE>> well. BFN.  Paul.

FM> Good.

Got some documentation for the stuff today, but I think I've only got one
of the two lots I bought thanks to my two stupid lots of shares.  I think
I'll have to sell them just to get a reasonable number (1) of shareholder
numbers!

PE>> P.S. Did you know that PLP was scheduled to be taken over when I bought
PE>> them? I wouldn't have bought if I'd known that.  Fortunately it all turned
PE>> out OK in the end, I got a 5% gain, but only just in the nick of time!

FM> I didn't know, which doesn't mean it hadn't been announced but I hadn't
FM> appreciated it at the time if it had. I'll bear that in mind in future
FM> when you want to buy stuff, that you don't want stuff where a takeover
FM> has been announced.

Basically there's no point in buying that, when I may as well buy shares in
the company doing the takeover, and that way I won't be forced to sell. I
want to have the ability to hold onto a stock for a long time if I want.

PE>> P.P.S. What was the reason for PLP's drop from >$3 to ~$1.50?

FM> Er, dunno. When?

From when you lost a humungous amount of money buying options on it!!!  It
went on a one-way ticket downwards!  BFN.  Paul.
@EOT:

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