Forum Archive Index - October 1999

["Ben Dutton" <bendutton@sharechat.co.nz>]

Dear Forum Subscriber,

Just a reminder that Dr Roderick Carr, Deputy Governor of the Reserve Bank
of New Zealand, will be hosting a live Internet discussion on "Y2K and the
New Zealand Banking System" today at 4:00pm (NZST).

This is a chance for you to log on to the live irc channel
(http://www.sharechat.co.nz/live.html), and ask Dr Carr questions about Y2K
and the preparedness of the Reserve Bank and the New Zealand banking
industry.  Issues up for discussion include payment systems, liquidity in
the capital markets and meeting the public demand for cash.

There have been questions about the stability of the banking system and its
ability to withstand systemic malfunctions on January 1.  Dr Carr will be
able to shed light on initiatives taken to avoid potential breakdowns in the
financial system.

This is an excellent opportunity to learn more about the Reserve Bank and
its initiatives to handle potential Y2K problems.

Hope to see you there!

Best Regards,

Benjamin Dutton

P.S.  In answer to Phil's mail, my favourite shares at the moment are (and I
have holdings in all of the following) ITC for the excellent investments
they've made so far, RYM and ELD for their long term potential (the ageing
population) SKY (good company that I think is cheap at the current price of
310) and MON.  Feel free to add to the discussion...





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