Forum Archive Index - January 2000

[Osbert Sun <osbert.sun@xtra.co.nz>]

Les, I agree with you that the big volume sellers have hold the
AQL share price back today. I would say once those seller are
out of the market AQL may well be on its advance toward the 30+
range. In the near term the anticipated announcement could push
the price well above that for SPE. Lets hope for the best. On
another note, SVY has put on an impressive performance today
supported by a healthy volume. Pity that I took my position in
SVY a little bit too early and thus I'm still under the water.
But it would only need the company to make an positive
announcement about its investment intention (in the IT sector
preferably) to push the share price skyrocket (I mean at least
double the present price range). HGD deserves a close watch and
I'm happy to hold mine although my holdings are at a premium to
the latest closing price (way above). Think about it, when most
of other mining companies have chosen to go into IT businesses
(which at a later stage will face tough competition for market
shares) altogether, HGD will have a large space in the mining
industry to expand while having a foot in the presently fast
growing IT sector. I am watching closely the next move from HGD.

Regards
Osbert


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