S&U - is it the most

Freddy - looks like I'm steaming away - CCG up another 13.5p, you been buying more? :-)

You make the mistake of lumping CCG with TMTs, if only they were and traded on a similar PE. But CCG currently trade on a PE going forward of 11 - cheap. How are they any less marketable than SUS? Since Christmas eve, 3,600 shares have traded and the stock has risen 3% from it - CCG is more liquid 78,000 shares traded over the same period.

Alf:

Currently the most exciting stocks in my portfolio are:

Hornby: HRN historic PE 12, EPS growth 75% this year, 4% divi. Great story of a company that has turned around and has been batted into shape.

Theratase: THE, PE 11, good 4 year record, moving on Jan 1 to FTSE New Biotech index and to to the new biotechnology sub-sector of the FTSE pharmaceutical sector. Results on Jan 14, already stated in line, big deal with ISTA should be announced soon and will double sales.

Profile Media: PMD. A media company but not hit by the media slowdown. On a PE of 5.4 for the year to June 2002, showed 100% growth at the last results statement. A niche publisher that has not been hit by media slowdown but could fly if the media stocks come back in favour.

Clarke.T: CTO Electrical contractor providing, constructing wiring in some major projects. Won some big ones in H1 including CSFB New Tower, Canary Wharf,
Gateway, Newcastle Upon Tyne, Deutsche Bank, Hayes Data Centre, Hartson Mill, Cambridge. So awash with cash it paid a special divi in H1. PE 8 for this year, 7.6 going forward but likely to nbeat substatially. 6% divi yield too.

Intrlink Foods: ITF. Cake makers, PE 12, a 5 year record of circa 50% earnings growth or better, interim results Jan 14, already said Q1 pre-tax up 52%.

Proactive Sports: PAS. Provision of management and marketing services in the football sector, to both players and clubs, and the provision of world wide corporate hospitality. Pretty exciting as it seems that the city can't get its head around this one. They earn a lot of their money from fees from soccer player transfers. As soccer clubs don't make money in general then they seem to be tarnished with this. But clubs don't make money because so much goes in transfer fees, and PAS get a cut. Andy Cole - right up your steet - former toon, transfered this weekend and PAS are his agent - should be a good earner for them - they manage over 100 players, Kevin Moran, former Man United player is a director. They also do corporate hospitality.

I hold all of these in my long term holdings with a few more that I trade and some other long termers and some more risky stocks.

Hope you find them interesting.

CR