ineed the ALP's victory will help the IT industry in Australia.. already we are seeing govt dpt's signing up with CDR pre-election.. Rudd's bid for a future looking govt will entail some heavy spending in the IT sector
anyway it looks like the ST sp continues to get a hammering.. with nervous investors getting out 'just in case' CDR doesnt pull through.. but the chances of that are quite slim IMO.. have a decent holding to back up my sentiment.. buy low sell high.. cant get much lower than this.. i'm set to see the outcome of CDR.. i think it will be favourable.. and will be much clearer by next week. however some re-assurance at the AGM wouldn't go astray
fundamentally very strong with billion dollar revenues.. so long as volante troubles are behind CDR.. should see a steady recovery even without a bid.. but the AGM should reveal all..
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
