Forum Archive Index - February 2000

[richard hermans <r.m.hermans@xtra.co.nz>]

BRETT AS YOU ARE A CONFESSED TECHY IF YOU HAD A BIT OF $ TO HAVE A PUNT
WITH,HAVING SOLD SOME SHARES WOULD YOU GO FOR ITC,OR AQL???VERY HARD TO
GAUGE FROM SOME OF THE COMMENTS ON THIS FORUM  I REALISE ITS ALL A
GAMBLE BUT ITS ALWAYS GOOD TO HEAR SOMEONES HONEST GUT FEELING??? THANKS
FOR YOUR OPINION IN ADVANCE  MARGIE

Brett & Leeanne Phillips wrote:
> 
> Hi Nigel,
> 
> I must agree, I have been watching LKO for several weeks and also have been
> taking special note of their announcements and also comments made on Aussie
> Bullboards/Chat forums.
> 
> Firstly I understand the company is presently investigating the potential
> of a new oil find within their licensed area.(see announcement
> approx-9/02/2000)
> 
> Secondly they are close to confirming a deal which gives them sole "Aussie"
> rights to a revolutionary new energy product.(see announcement
> approx-7/02/2000)
> 
> And lastly their is also rumor that a major energy company(?) has been
> showing a
> lot interest in LKO recently.(www.stockhouse.com.au)
> 
> One or even two out of three would'nt be bad.
> 
> I have taken a look at the top 20 shareholder list while visiting their
> website and recognise some reasonably  major investors
> represented.(www.lakesoil.com.au)
> There has been good trading volumes in Aussie and apparently some brokers
> are suggesting that LKO will be trading in the 15-20 cent range in the
> short to medium term.  I hope they are correct as I am  trying to top up at
> just under 6 cents at present.
> 
> I feel sure this stock has potential, although this maybe missed by NZ
> investors / traders, (lets hope not,) I would hate to see the Aussies make a
> killing
> because we're to slow to catch on once again!
> 
> Watch out for further announcements soon, this share from my viewpoint has
> much more potental than FRO, even when your technology obsessed like myself.
> However if your looking for a great tech stock I can't see how you could go
> past dual listed CGB at present.( This company is going global.. and has
> real daring & attitude ... and only a small number of shareholders )
> 
> Technology stocks are still my preference. Tech developments are still in
> their infancy, those who believe the bubble is about to burst are just
> kidding themselves.(we're still year behind the US and Europe) We are now in
> a development transition which has never been witnessed before( the nearest
> comparison is the industrial revolution)and this technology driven
> transition will continue to evolve indefinitely. Look back 2-3 years, who
> would have believed you could buy and sell stocks(live) for instance..on the
> internet, while sitting on the beach, using your mobile phone.. and that's
> just the start. My small business has saved $100,000 in the past year by
> developing it's own costing and accounting system which cost a mere $20,000
> to design and programme (what an investment) and of course we can on sell
> also to re cope some of that cost!
> 
> I don't believe we can compare 'good' tech stocks to the property stocks
> that caused so much pain in the late 80's. Of course the secret is picking
> the good ones.! Good luck!
> 
> Cheers Bret
> 
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