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[sharechat] Time to focus on rest of market (ie not techs!!)


From: "nick" <acummin@es.co.nz>
Date: Mon, 24 Jan 2000 11:12:08 +1300


    I dont wish to sound pessimistic but if i were you
i would keep the rest of your money for something more
solid. itc has had a good run but i fear a tech correction on the way.
    I think its time to concentrate on the underperforming non tech
stocks.
    I would go for
          Fernz
   About to change name to nufarm and move to australia, the stock has been
in limbo for months, hence drop in share price
 but the company has continued to perform well
and is one of best growth stocks around, way undervalued.
       Fletcher energy
 Oil price is rocketing, this combined with cold winter in northern
hemisphere and low stock supplies of oil means price will soon be
over 5 dollars a share for energy
         Guiness peat
  Undervalued, price has slipped because of percieved inactivity
although gp has done nothing wrong and has quietly been
spending some of its large cash reserves
       Montana
   Every year increases earnings and is sure to attract takeover
interest. GPG has recently been buying into montana and they
are very well managed.  Slowly but surely their price will improve
one for the long term.

  nick



> "trust me" $2-$3 by mid
> year. very bold statement!! can you tell us any more?
> we are only into itc for $5000. but can give it a bigger nudge if the
future is really that bright.
> cheer
> amy



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