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[sharechat] LOK--How is it performing?

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Sat, 30 Nov 2002 16:17:26 +1300

Now 23 cents. Quote: 23-23.5 cents.

All this on heavy turnovers on just about every day. On Friday, it was over 13 mill. but I have seen much higher ones: it seems that Institutions may have decided to move in.

A retrace was expected on Thursday when it was 21 cents, however, LOK broke through resistance points and continued its rise.

A reliable source told me that LOOK, the US domiciled company (LOK in Australia)was $US72 at the height of the Dotcom boom. It was completely rebuilt using a different business model. It has alliances: BTLookSmart is a joint enterprise betweem British Telecom and LOOK.

Investors are waiting on the Dec. Quarterly update to appear on 24 or 25 Jan. 2003

LOOKsmart(LOOK): http://www.looksmart.com/r?country=oz

Gerry
Holder. I first mentioned it on 21 Oct. when LOK was 11.0 cents-

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