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Daz - Mon, 30 Dec 02 :

I've picked up a few this afternoon after doing a little research.

A price to sales ratio of 0.2 to 0.25 looks compelling (market cap of 12m vs sales of approx 50 - 60m for this year, together with the cash position, news on orders. It also looks about to tick up as well.

There may be some downside for all stocks if the war on Iraq goes ahead and gets ugly but this looks like a multi bagger in the making and I didn't want to miss out.

Not sure if this has been mentioned before, I can't be bothered to read the whole thread but the big increase in online sales bodes well for telecomms suppliers. This is a trend which I think everyone believes will continue, so there are bound to be orders to increase capacity coming through this year.
FIB's valuation make this a good play on this coming through IMHO.


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