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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: SEC-ond-chance who wrote (84634)	7/13/2003 1:59:53 PM
From: SEC-ond-chance	Read Replies (1) \| Respond to of 122087

Liquidators declaration issued, shareholders can now claim their capital losses. delisted.com.au

To: SEC-ond-chance who wrote (84634)	7/13/2003 2:21:06 PM
From: SEC-ond-chance	Read Replies (1) \| Respond to of 122087

Bargains galore at New Tel garage sale And so it has come to this. Collapsed telco New Tel will sell its computers, phones, fittings and other office furnishings at a mass auction in Sydney tomorrow night as it tries to raise enough cash to pay off creditors. New Tel was placed in voluntary administration last year and slipped into liquidation a few weeks ago, as the once promising international telecom crumbled under debts of more than $50 million. New Tel liquidator Phil Carter has been keen to flog the most valuable assets as quickly as possible, and this month sold New Tel's fixed-wire business to RSL Com. Next on the auction block is the company's office equipment, and a catalogue of Thursday night's sale can be found on the web. The goods to be sold include more than 60 servers, a telephone system, a voice compression and decompression rack, 100 personal computers, notebooks, photocopiers, desks and reception furniture. Those shareholders who are feeling a bit nostalgic for the failed company can even buy the furnishings of the boardroom where New Tel directors made some of their most costly decisions.