Forum Archive Index - February 2000
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[sharechat] The dangers and delights
There's an interesting letter in D-B Sharetrader by someone calling
themselves Mac, warning potential investors on the ASX of the ramping and
manipulation that's rife over there (and other o'seas markets I presume), It
never fails to astound me that there are a lot of NZ traders/investors
looking to move their cash offshore to what they think are greener pastures
and then complaining that the NZ market goes down. Every dollar counts! If
you think it's tough here just try a bigger one! Reminds me of the old
fishing joke. My mates and I are always amused at the boys fishing fom the
rocks trying to get their lines out as far as possible and the boys in the
boats are trying to get in as close to the rocks as they can without
smacking into them. Cheers
-----Original Message-----
From: simon dallimore <smndallimore@hotmail.com>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Tuesday, 22 February 2000 22:34
Subject: [sharechat] Sell up Frontier and buy Spectrum
>I agree with everyone's sentiments on Frontier. If I were to choose, I'd
>rather punt on Spectrum whose shares have gone down real cheap, who have a
>real gun of a CEO now at the helm, and who have regular income coming in
>from their WEL acquisition. And with all the bonus rights, options and
>shares thrown into the bargain, Spectrum is indeed a very attractive buy at
>28c in comparison say to Frontier. But each to his own poison, as they say.
>
>Simon
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