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NSB - 2004

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Husbod - Wed, 29 Dec 04 :

Morning guys. Trust you're all feeling suitably stuffed and unhealthy. Must say I am not convinced a bid is on the cards unless NSB has someone else in their sights. This IHMO would be more consistent with the debt clearance and the fact that microsoft are backing them. Alternatively and more likely they simply paid off the debt cos they could do and probably had nothing better to spend their BT cash on. Tidying up the balance Sheet as Demon has said in the past.And the sp aint moving simply cos absolutely no news is fothcoming from the company. All will be revealed shortly however with the Trading Update and if that doesn't move the sp then it may be time to put at least some of the investment elsewhere.


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