Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: StockDung who wrote (82954)	1/13/2003 11:33:35 PM
From: SEC-ond-chance	Read Replies (1) of 122087

Serve up those drinks Mr. Malone "Plenty of hard liquor before lunch failed to impress the crowd of brokers and freeloaders who gathered to hear New Tel's Peter Malone spruik the company's China internet dream yesterday. In the most brazen attempt to intoxicate a big group we've seen for some time, it was daiquiri and sambuca all-round in the Sydney ASX foyer at 11.30am, as Malone tried to convince shareholders of a deal that is the new-economy equivalent of selling a sock to every Chinaman. As one broker remarked: ``I wouldn't put my clients into the stock, but in a market like this you can't knock back a free lunch.' Among the turnout of second-tier brokers and shareholders was Nifty Neville Wran, who admitted to having a ``small'' interest in New Tel, accompanied by his former Goldman Sachs colleague turned Salomons boy Matthew Howison. Malone began to lose the crowd when he claimed to be creating the AOL of China and told everyone to ``remember this day'' which seemed unlikely given the booze-to-food ratio. The dancing girls were absent, as was Sir Laurence Street and Rodney Adler, who both showed their face at New Tel's last bash in Sydney a year ago. It all finished with Malone claiming he would create a $1 billion company a lucrative potential outcome for the Perth boy, who recently dealt himself options over 20 per cent of the company."

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