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Strategies & Market Trends : Australian Shares and ADRs

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To: Paul Corbett who wrote (92)	1/9/1999 10:13:00 AM
From: Moominoid	Read Replies (1) of 96

I was thinking of buying puts on CWO. Partly to hedge AAPT which I own and am reluctant to sell due to CGT and partly because CWO seems so overvalued. Fin Review today says that it's P/E based on 99 forecast is 110. Any opinions? David

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