Forum Archive Index - January 2000

[Andrew Cooper <ACOOPS@xtra.co.nz>]

I agree these IT stocks seem to be following the same wave as investment
companys in the 80s but quicker. ie 1 week is like a year.  There is no
substancial basis to be investing in them except for capital gain.

The number that are makimg and doing things are very limited. There is no
revenue stream. I would only buy on the hype of capital gain.  Lets wait and
see?

hugh webber wrote:

> "129% Investment success wiht BMCMedia.com Limited
> >
> > SHARP INVESTMENT IN E-COMMERCE IPO RETURNS 129% TO IT CAPITAL
> > IT Capital Ltd (NZSE:ITC) today announced that it has exited an
> > investment made on 23 November 1999 in BMCMedia.com's IPO providing
> > substantial returns."
>
> ......other people would call it a return to good ol' pre October 20 1987
> paper shuffling.....the more frenetic it becomes the closer you are to the
> abyss...look for a heavy volume with the price slowly drifting down and the
> plunge is about to come.
> sure hope u guys don't get caught with your pants down when the music
> stops, as in borrowing to buy shares.
>
> Remember those cute 1987 jokes....whats the difference between a yuppie and
> a pigeon?
>
> a pigeon can still afford a deposit on a BMW....
>
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