baker steel capital managers, page-2

sir,

i have one anecdotal reference - from
a competent stockbroker - who regards
Baker Steel as good operators.

Dioro management do a pretty good job of
conforming to Murphy's Law, but for Pete's
sake, the share price has been so badly
mauled even I (arch cynic) find it hard
to believe it can fall much beyond where
it is now. not unless DIO's wheels fall
off completely. my surmisal is that there
is still a good deal of forced liquidation
occurring, and that the public is mesmerized
by the US$ price of gold, rather than the
Australian price - which is the one that is
of relevance to us.