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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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New Year Naps for 2003

February 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Last year, our NAPS performed well early on, peaking in May with anaverage gain of 29%, before eventually posting an average loss of 2.2%(as at 18/1/03).  This  was still creditable when comparedwith the disastrous performances of the leading indices, with theFTSE-100, FTSE-All Share and Techmark 100 posting losses of 25.6%,25.8% and 55.2% over the same period.  This year’s  list isas follows:Topps Tiles (301p)Topps Tiles is the largest specialist tile retailer in the UK, tradingfrom 171 stores.  The group operates in a rapidly growing market,driven not by the number of people moving house but by consumers,encouraged by home improvement TV programs, adding valu ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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