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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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DRS Data - Date capture group on mend

May 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Fully listed DRS Data, whose products scan and capture the data frompaper documents, such as those used in exams and elections, has just enjoyed its best year since its went public back in 1994.  Its shares have responded with a strong run up from 14p in May 2002 to the current 33.5p and the company can now finally bury the embarrassing memory of releasing a profit warning within a month of its flotation at104p.  That warning blamed the  unexpected plummeting demand for its products on a change in the way the UK Government funded schools.  School spending has now recovered, and DRS has also found new customers both here and overseas, so its prospects look better than they have for a long time. DRS designs andm ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X