Forum Archive Index - February 2000

["Matthew Van Veen" <mattvanveen@hotmail.com>]

Announced today re increase holding in virtual spectator and want to expand 
from yachting after Americas cup into other Sports such as
motor racing, golf and horse racing. Fantastic potential here.
Not being a chartist Les, your news sounds good to me - on track to get to 
the $1 at end of Feb I predicted however need to be 80c on Tuesday for 
Dereks pick the share price comp.

>From: "Les Mortimer" <les@openmind.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] ITC  graph is forming a upward triangle and FLP for 
>next quarter.
>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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