Forum Archive Index - October 1999

["Joe Spooner" <joespooner@hotmail.com>]

Could someone please explain to me what exactly these Telecom shares compose 
of? Are they warrants? If so when do payments have to be made on them? They 
appear to be very volatile, but could be an excellent buy.

Telecom ordinary shares are down heavily again today and would also appear 
to be a good buy again. I wonder when they will begin to trade less heavily 
and will get out of the curtain of prices they are currently in?


>From: "Kelvin Worsfold" <kelw@ihug.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "sharechat" <sharechat@sharechat.co.nz>
>Subject: [sharechat] Australian Purchases
>Date: Wed, 27 Oct 1999 11:19:55 +1300
>
>Looking for information from investors using sites like e-trade,quicken or
>other on-line brokers. What I need to know  is which companies and my main
>interest in how payment is made, do you have to have funds in Australia? or
>if you are only going to make the odd trade are you as well to stay with
>your N.Z.. broker  which mine purchases the funds at good rates and I pay
>them in N.Z. $, brokerage may be a bit higher but for the occasional  trade
>should I stay with this method? Look forward to your comments.
>--P.S. I received my chq. back from Telemedia, well over subscribed, and
>you'd know it $1 share traded up to $1.70 in my case I re banked the chq.
>and with currency differences the whole exercise cost me over $200, I guess
>it's only money . By the way I'm watching hih (long
>term)-----------------------------------------------------------------------
>---------------
>                  You get education by reading the fine print ......
>                            and experience by not reading it.
>----------------------------------------------------------------------------
>----------------
>
>
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