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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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SDL - Leader in translation solutions beating expectations

November 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.

SDL is a leading provider of translation solutions to multi national  companies and operates in a £4bn. a year  market.  With solutions designed to adapt and translate company documentation, software, media and web sites into worldwide languages and cultures, SDL combines modern automation with traditional translation methods. Its business model originally revolved around hiring out its team of multi-lingual experts for the translation process.  Progress in this area was limited by the levels of staff utilisation it could achieve. Although this is still its mainstay the real excitement comes from two key software and Internet based products, which could eventually lift profits from their current pl ...

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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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