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From: | "Les Mortimer" <les@openmind.co.nz> |
Date: | Thu, 10 Feb 2000 14:34:29 +1300 |
ITC is very close to breaking 80c resistance,
Volume volatility has settled down an upward triangle is forming (90% chance of
upside breakout) and I note that the options are sought after with increasing
volume. With the notified high powered meeting almost upon us together with the
resilience of tech stocks overseas and ITC's amazing international connections I
believe a upward re rating is immanent.
Yes I am a holder of ITC and ITCOD.
Please don't start a negative e-stock
bun fight just check it out for yourselves.
For the next quarter I believe that FLP could be
well worth having a nibble at. Why? Because It's been well documented it's going
to be the first to leave the Fletcher family and profits are starting to flow in
the paper industry (Check out Carters results released today as an example).
No I am not a holder of FLP.
Regards Les.
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