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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 494.56

+3.9%

Jan 28 4:00 PM EST

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To: elmatador who wrote (7556)	7/13/2006 10:31:17 AM
From: Snowshoe	Read Replies (1) of 219858

Elmat, Are you familiar with a South African company named "Net1 UEPS Technologies"? It is expanding into Nigeria, and I nibbled on it yesterday. It was recommended by James Altucher in RealMoney.com on June 30, but since then it fell 23%. Today Morgan Stanley reiterated an "overweight" rating... Analyst: Decline In Net1 UEPS Stock Creates Buying Opportunity forbes.com R.M. Schneiderman, 07.13.06, 9:31 AM ET Electronic payment systems company Net1 UEPS Technologies looks like a good investment, following a 23% decline in its stock price since June 29, according to a recent report by Morgan Stanley. "With its fundamentals sound, we view such a recent price decline as an opportunity and would be buyers of the stock at these levels," said Dhruv Chopra, an analyst for the research firm and the author of the report. Positive signs included "solid trends in its core transaction based business and [the] signing of a material Nigeria contact," the analyst said. Morgan Stanley reiterated an "overweight" rating on shares of Net1 UEPS, which is based in South Africa.

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