Forum Archive Index - January 2000

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

I totally agree.  NZ appears to have been left in the wake of the other markets
in the past 12 years.  You can't pop a balloon unless it is blown up.  Perhaps
IT stocks are different in this example.  PE ratios for some NZ stocks under
what they are now would make a very exciting proposition to any long term
invester.
I am especially bullish about NZOG perhaps they are due to show their real
worth,  some of the figures coming out of their roadshow are quite startling.
It is a bit of a gamble but they could strike what is NZ's biggest oil find.
Even at current prices, with the oil price jumping so substancially in the last
6 months,  their current oil flows justify a higher price.  Keep an eye on GPG
with this matter.  I have heard thay are nibbling at the back door


Regards

Andrew

Derek wrote:

> HA HA,
> Bubble in NZ? this is impossible now.
> How can something burst if had not chance to grew up?
>
> US stocks yes I agree it may happen see this:
> Top Five Millionaire-Maker Stocks of the 1990's Were:
>
> CMGI, up 57,191%; EMC, up 68,314%; DELL, up 72,400%; AOL, up 81,400%;
> and Cisco,
> up 124,825%. last 10 years.
>
> Could you name  any NZ Stock which is close to 1/10 of above figures?
> I think somebody try to stop things just born in NZ.
> If  my ancestors follow such advises perhaps I still be jumping from
> tree to tree after bunches of bananas.
> Did you use well your candles and can food due to Y2K fear?
> I looked at  those waiting to fill gas bottles and could not believe how
> badly  media could mess our mind.
> How some of you react if  Nasdaq drop another 5%. Take money from NZ
> market and run?
> In my opinion is good to know all aspects of market, but I'm not here to
> live in fear.
> We have to keep it in balance.
> Kind Regards,
> Derek
>
> ----------------------------------------------------------------------------
> http://www.sharechat.co.nz/          New Zealand's home for market investors
> To remove yourself from this list, please us the form at
> http://www.sharechat.co.nz/forum.html.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.