$$.get set, very cheap,good news about to come To continue onto...

$$.get set, very cheap,good news about to come To continue onto yesterdays discussion this thing looks like it's building again.

This is my top tip for 2005 as I honestly think things are turning around for ETC now as seen by the last quarterly and having spoken to the company on a couple occasions about a fortnight ago they confirmed the chairmans speech that everything is on track for another cracker quarter and I just can't wait to see the half yearly which will show a very nice profit and good cash on hand in the bank.

Currently ETC has a market cap of $9mil and a SP of 1.4c - well if it can continue its performance of the last quarter for the whole year and put a PE of 10 on that performance, than I'm looking for a SP of between 5-6c sometime next year which will smash it's 52 week high. Of course this is all depending on them continuing profitability as in the last quarterly but all things look like they are going to and the last 2 acquisitions will also add to this.

Like I said this is my opinion on the research I have conducted and my tip for 2005. Many will disagree I'm sure but I guess each to their own and I welcome any viewpoints. The only thing I dislike about ETC is the 700mil shares on issue which makes it a little hard to move fast.

Good luck everyone and Go ETC.