最高の，を越す sharetipper Michael Walters on the joys and 危険s of 逮捕する 在庫／株s

By This Is Money
Updated: 00:00 BST, 30 October 1999

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Don't 延期する, buy today, tomorrow they could race away. Sorry about that . It hardly 階級s up there の中で the エース 投資 insights. But that silly little ditty 逮捕（する）s pretty 井戸／弁護士席 the way you should be approaching Internet 在庫／株s - buy a bunch, cross your fingers, and sit 近づく the door.

All 在庫／株s are for buying and for selling. Across the Internet 部門, the 強調 has to be on selling.

No-one really knows which companies will make billions, which will 衝突，墜落 and 燃やす. Do not kid yourself that you are 投資するing if you leap 船内に one of them.

You are 賭事ing. And successful gamblers know when to やめる.

If you are tempted to play, keep that in mind. The boys are making millions - 急速な／放蕩な - in many of these 在庫／株s.

It is 平易な, but futile, to worry about the 現在の game of placing a small number of 株 with a 限られた／立憲的な 名簿（に載せる）／表（にあげる） of （弁護士の）依頼人s, then watching the price 急に上がる in a tight market, 奮起させるd by the vague 約束 of some mystery 取引，協定 ahead to make it all come 権利. It often 生成するs quick-解雇する／砲火／射撃 伸び（る）s for 匿名の／不明の off- shore 投資家s. But what is new about that?

No good 不平（をいう）ing. If you fancy a 賭事, best to follow the 指名するs, and tag along behind the lads who have already 論証するd that they know how to do it. If all is

going 井戸／弁護士席, you can join in at 行う／開催する／段階 two as they buy a 商売／仕事 that has some sort of Internet 操作／手術 up and running - or nearly running.

Done smartly, this can 生成する 相当な その上の 利益（をあげる）s all 一連の会議、交渉／完成する, though few of the companies themselves yet make 貿易（する）ing 利益（をあげる）s.

One of the fanciest 競争相手s is a tiddler called Chandra. Floated a fortnight ago on AIM by John East and Townsley & Co at 25p, this is 現在／一般に 116p.

The chairman is Nigel Drummond, 32. He 計画（する）s to move into music and entertainment. He has worked with 管理／経営 顧問 指名するs like Bain and Boston 協議するing in the US, and has pals on the West Coast music scene. 推定する／予想する a 株-上げるing 取得／買収 soon.

Nigel is on the board of 事実上の Internet, where younger brother Jason is managing direc tor.

This specialises in 登録（する）ing 逮捕する domain 指名するs and 供給するing a host of 連合した services.

商売／仕事-to-商売／仕事 will become the most rewarding area of the Internet, and VI should be 井戸／弁護士席 placed. The 株 are 支援する from a 頂点（に達する） 365p to 273 1/2p. 最高の，を越す 仲買人 ABN Amro has just joined as an 助言者, signalling serious 法人組織の／企業の 意向s.

The gossip is of a 転換 to a 株 名簿（に載せる）／表（にあげる）ing in America and possible 重要な 投資 support from big US 指名するs.

Netbenefit is an AIM-貿易（する）d 競争相手, and may be cheaper on what can laughingly be called 投資 根底となるs at 232p. So far, though, it 欠如（する）s the street-smart 株 fizz.

No 不足 of Throgmorton Street cred at Medi@投資する, the reincarnation of a tiny construction and building 構成要素s 商売／仕事 以前は called Langley & Johnson.

Refinanced at 1p a 株, it 誇るs マイク Whitaker as 支えるもの／所有者 of 11.4% of the 公正，普通株主権. Whitaker was 長，指導者 (n)役員／(a)執行力のある of stockbroker Collins Stewart.

Reborn as a cyberspace 法人組織の／企業の 銀行業者, he is also on the board of this week's runaway new 問題／発行する MediaSpark.

He is a passive 投資家 in Medi@投資する, but will be helping it along. Already it has 発表するd 会談 to spend £2m to £3m on a 大多数 火刑／賭ける in KZN マスコミ, which is to 開始する，打ち上げる a service provider with a 安全な・保証する website 目的（とする）d at five to 12-year-old children.

There are some shrewd 操作者s 伴う／関わるd, with rumours of a big 開始する，打ち上げる which will feature the 基準 fun and games. It could make a real dent in an important under 偉業／利用するd market. At 5 3/4p, the company is valued at just over £10.5m.

At 3 1/4p, 株 in Cambury 投資 might at last be 価値（がある） buying. This cash 爆撃する has been looking for 取引，協定s for a couple of years, 妨害するd by 過度の 令状s and 選択s 認めるd to the 初めの board, who have done little to deserve anything.

It has a 大臣の地位 of 利益／興味ing 投資s in Internet-linked companies.

Crucially, Punch Taverns pubs entrepreneur Hugh Osmond (たびたび（訪れる） partne r of serial company promoter Luke Johnson) has joined the board, subscribing £1.5m. It just might 飛行機で行く.

Finally, do not overlook Netcall. This modest AIM company has all sorts of clever, 知識人 所有物／資産／財産 linking 解放する／自由な phone calls to the Internet and to newspaper advertisers.

It is starting to attract attention from US 操作者s, and is on the brink of 価値のある 拡大 moves. Tipped here in March at 55p, it is now 94 1/2p.

Take your 選ぶ. Buy two or three of these, and be ready to take 利益（をあげる）s when you get too nervous.