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W H Smith - 7% yield + modest capital appreciation = 25% within a year

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adebola - Fri, 02 Jan 04 :

billox,

He did that himself.

You always get a pullback on profitwarnings. Where will it finish? Thats more
important and now key resistence at 270 broken. The worrysome thing is the size of the write down and the amount of discounting that will need to be done to clear stock. Most reports that I have read this morning are concerned that there not sure "if" or when things will get better. A sorry mess. A certain person was full of it "buys" at 2.80!!!. I dont think we will see that for some time.


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