Why QXL will be the biggest multi-bagger of 2004...5 good reasons!

Because its an overhyped stock where people, Bulls are going to get hurt.

Just a few facts on this relic of the dot com era.

SALES circa £10 million a year - WOW.

OPERATING EXPENSES £2.5 million a quarter - WHAT

CASH circa £2.2 million - IS THAT ALL.

TRADING PROFIT about £300,000 anualised - YOU ARE JOKING, LOL LOL LOL LOL LOL.

PREVIOUS BIDS at £24 quid or less per share - IS THAT ALL.

MARKET CAP circa £175 Million- PATHETIC.

CONCLUSION........... Theres a long way to FALL.