Rumour in the city of an MBO - fill yer boots up - GO man GO!!

sorry guys but having waited and waited on this story it changes by every turn - it has been totally devalued :
story version 1 -large contracts imminent
story version 2 -40m contracts due
story version 3 - contract to be signed next week
story version 4 - not now 40m but 10m and a possible 40m later - this is far worse to me as there is no timing on the phase 2 and you cannot assume that it will be even in 2003 -so a £6m contract out of a sales target of 85 is I'm afraid no big deal at all and no doubt the shares will be marked down accordingly

If the dealers knew about this rumour why where they not at all buying all along - for the simple reason that is now clear to me that for 2003 in all probability it is a pretty small deal - NSB have signed much bigger contracts than this in the past.