Forum Archive Index - February 2000
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Re: [sharechat] Is ITC in "don't cut it brigade"?
Frank,
You raise a good point.The most compelling feature of ITC is the
orchestrated hype ... IMHO
Si.
>From: frank fernandez <frank.fernandez@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Is ITC in "don't cut it brigade"?
>Date: Sun, 20 Feb 2000 10:09:58 +1300
>
>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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