Forum Archive Index - February 2000

[frank fernandez <frank.fernandez@xtra.co.nz>]

It is interesting to see in today's Sunday Star Times that Ord Minnett
has picked Advantage as the only technology stock in New Zealand that
investors should have their money on - which leads me to an interesting
question about ITC (which I thought would also have been a logical
inclusion).
 
Are we, as investors, being sucked in by the hype, regular issue of
media statements by ITC's never ceasing PR machine, the timely visits of
certain types from the US, the obsession with a sporting e-tool (Virtual
Spectator)etc etc when at the end of the day, the company has not been
included in the same league as Advantage.
 
And by virtue of omission, can we conclude that Ord Minnett (a
respectable sharebroking firm) has grouped ITC with all the other NZ
tech stocks who "simply don't cut it" as stated in the article?

I realise there will be an army of ITC supporters immediately flaying
their fingers on their keyboards to reply to this e-mail but the above
was reported in today's Sunday Star Times and I thought I'd bring it to
the attention of all Sharechat readers who may not get the opportunity
to get a copy.

Regards,
Frank Fernandez

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