Forum Archive Index - February 2000

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

Hughie, Hughie, Hughie
All that experience, and having lived through the 1987 crash, and having
a double economics major to boot....and you still want to take shares
in.....Nicky?? No No, my friend, I mightn't yet have your wisdom but
options are the way to go This is because you don't have to exercise
your options until a later date while you are maintaining your interest
in the stock......AND if a more attractive stock were to present itself
(at a better price), you can always ditch your options. You have got the
whole day to figure that one out Hughie!!!
Anyway, with regards to Wipro, having no connections to the
sub-continent (wrong call?), I don't take any interest in stocks from
that part of the world except that to know that some 8 Indian firms
listed (or are in the process of listing) on the NASDAQ this year with
Wipro doing so just a few weeks ago. But then you can't pick them all. 
However there's a stock closer to home that's easy pickings at the
moment and some sure profit-taking in a couple of weeks time (and it's
not AQL) - Well, I have no doubt you know which one it is but in the
unlikely event that you don't, that's another one for you to work out
while walking the dog on the beach! 
Cheers (and truly enjoy your comments on Sharechat),

Frank Fernandez

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