Forum Archive Index - January 2000

[Dylan James <dylan.james@nzef.org.nz>]

I must admit to having a bit of a laugh at your post phil mostly cos it is a bit close to the bone, but seriously Amy if you are looking for a relatively risk averse IT stock on NZSE that isn't too overvalued you can't go past Newcall (a phone and internet comapny). They have customers (?) and the strongest customer and revenue growth I am aware of in NZ telcos. I think they will probably be delivering a full range of services this year (cf telecom) and they are forming some interesting alliances and are way ahead of schedule for earnings growth and break even point. I also expect some interesting developments and directions from them this year. They have bought Iprolink (a flash ISP) recently and could well be looking for other acquisitions given their strong cash flow. Check out their website at www.newnet.co.nz and read their prospectus perhaps. They are also proving to be a resilient tech stock during recent fluctuations.

 

I am a shareholder of newcall (NGL), my other IT holdings include ITC and EPH.

DJ