Forum Archive Index - February 2000

[Derek Watt <dkw@paradise.net.nz>]

Hi Phil,

At 01:34 AM 2/25/00 +1300, you wrote:
>Hi derek
>           sorry to spoil your dreams ,   AQL  @30c  in 2 weeks  100 to 1
>shot  with all the hype the 10 th of March might see a giagitic sell off due
>to disapointment  say 13c . I wont panic and hold, time is on my side give
>it 6 months , then decide.
>declaration  :-  I hold 40000 shares in aql
>    cheers     Hoop
>

Well it was a good dream while it lasted. (Actually I meant 3 weeks)
I agree that commsoft looks disappointing (how did you know that it would be
buy the way?). Looking at their web site I'm amazed the company is valued
at $20m, I would have thought that $200 000 would have been about right!
I'm no expert however and comments about the real worth of commsoft
(not those released to the media by Eric Watson and Co) would be appreciated.

Given the weakness in AQLs share price leading up to the
announcement I can't help wander how many people were in the know, and
got out just in case of a bad reaction from the market (which may yet
happen).

Cheers,
Derek 




>From: Derek Watt <dkw@paradise.net.nz>
>To: <sharechat@sharechat.co.nz>
>Sent: Tuesday, February 22, 2000 7:30 PM
>Subject: Re: [sharechat] Genesis...
>
>
>> Hi Hugh,
>> The most money I've made on the sharemarket was from ITC, in December
>> last year. It was a big risk though having so much of my portfolio in ITC
>> and ITCOD at the time. Once you've made a bit of money like that, its
>> difficult to kick the habit - one step away from spending my money at the
>TAB.
>> Perhaps this is one of the driving forces of the tech hype - problem
>gambling.
>>
>> Phil, I doubt if you've missed the boat entirely, like you I wish I had
>known
>> earlier that Genesis had listed. Guess I'll pay more attention to the
>2ndary
>> board in future, also I think I'll start buying the NBR.
>>
>> Once AQL's at 30 cents in a few weeks time, I'll sell some and buy more
>GRD
>> ;-)
>>
>> Cheers,
>> Derek Watt.
>>
>>
>> At 12:07 PM 2/22/00 +1300, you wrote:
>> >> Derek Watts; good to see the news item about a Genesis purchase on
>> >> OneBusiness News site yesterday. Genesis - the one ignored by the tech
>> hotheads who are into SPE and SVY...
>> >
>> >Hugh,
>> >
>> >As one of the tech hotheads who you refer to (not currently holding any
>> SVY or SPE, however, there's a dead end if ever I saw one...) Id just like
>> to say...
>> >
>> >I agree.
>> >Genesis is indeed a great coy with a great product. The fact it's on the
>> second board just makes it less "visible".
>> >
>> >I would have been into Genesis big time if I'd realised they were
>listing...
>> >And thats despite the fact we developed a CD for TradeNZ last year where
>> we featured Genesis and they referred to their imminent listing.
>> >Now I'm afraid I've "missed the boat", still better now than never.
>> >
>> >Genesis will have a site online soon, courtesy of Hyperactive Auckland.
>> >
>> >
>> >Phil Williams
>> >
>> >Animation/Media Designer
>> >Hyperactive New Media
>> >Wellington, NZ
>> >+64 8019550
>> >
>> >http://www.hyperactive.co.nz/hyperweb99
>> >
>> >
>>
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>> >
>>
>> -----------------------------------
>> Derek Watt
>> http://members.tripod.com/DKWatt/
>> -----------------------------------
>>
>>
>>
>>
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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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