ASC in 2004 : -------------- 20 - BAGGER! -----------------

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johnyee7 - Fri, 23 Dec 05 :

ASOS "Best Potential Growth Story" In Sector

Friday, December 23, 2005 3:34:09 AM ET
Dow Jones Newswires



0719 GMT [Dow Jones] Seymour Pierce says it still sees ASOS (ASC.LN) as the best potential growth story in the sector. Notes damage caused to the company's premises by the explosion at the Buncefield oil depot is likely to be almost completely rectified by mid-January. "Moreover, insurance should fully cover the damage and loss of profits." The board believes that no long-term damage has been done to the brand. "This is the best outcome, under the circumstances, that anyone could have expected." Reckons any share price weakness is a buying opportunity. Shares were suspended Dec 12 at 77.5p. (SMT)


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