Forum Archive Index - February 2000

[Robert Nottage <robnottage@yahoo.com>]

Les & David,
I fully endorse what you and others have been saying
about AQL tonight but would like to add my little bit
and something that we must not lose sight of - the
fact that AQL's biggest value as a speculative 'buy'
is its value as a "shell" for whatever purpose in the
future. That will be its biggest attraction to
entrepreneurs wanting a ready-made listing on the
NZSE. 
It is interesting to note that apart from Advantage,
all the current other tech stocks on the NZSE (e.g.
ITC, SMR, EPH, SPE, NGL etc) emanated from the shells
of previously divested companies.
And what did their share prices do when the big
announcements were made? In my books, AQL would be the
best "speculative" buy on the NZSE today, and anyone
not having some in their portfolio at the current
bargain basement prices would be dumb loco.
Have a good night. 
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