Forum Archive Index - January 2000

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

Good observation, Les. One has to read between the lines about any PR's comment. When you speak at a board meeting the matter is "discussed at the board level". But it doesn't stop the board members from talking about it with company executives over a cup of tea which of course won't be on the company's record. The fact is, AQL has been working to unload the aquarium business and more cash has been raised through the recent placements. Big $$$ to do what? It doesn't has to be restricted in IT. How about BIOTECHNOLOGY (just a personal thought, please don't quote me on this one)? One has to admit that Eric Watson is one of the finest investors. As such the future of AQL will be nothing but yet another success story. I'll continue to watch this stock closely.

 

Regards

Osbert

 

----- Original Message -----

From: Les

To: sharechat@sharechat.co.nz

Sent: Saturday, January 22, 2000 3:03 PM

Subject: [sharechat] Aquaria 21 e- com not denied.

I have just checked the article "Aquaria 21 widens the net" in yesterdays NBR page 4.

Mr. Lunken (company secretary) agreed with the writer that there were rumors that AQL is set for a possible redirection into e-commerce but said "nothing had been discussed at board level".

Off course it wouldn't have been discussed at board level until the donkey work has been completed and agreement reached. Boards often only have to rubber stamp that completed work. I'm not quite sure how the rules go but I think the market would have to be notified when the official board makes a decision.

There is no denial of discussions just agreement that there are rumors and confirmation that the matter hasn't been discussed at an official board meeting.

Whether it's e-commerce, wireless technology, or Blue Star Group becoming part of AQL the end result will be a much higher share price.

 

Have a great day,

regards Les.