Forum Archive Index - March 2000
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[sharechat] Frontier/Commsoft/Amity/Warehouse
Paul,
With Australia's far bigger population, I can't say I am too impressed with
the trading figures for Frontier across the ditch today. And as you say, and
I have noticed, it has done this before and the next day has drifted back.
It traded at low volumes in NZ today - probably day traders at work again
who will undoubtedly ditch their shares first thing tomorrow for something
else.
Your Commsoft theory has merit but I have read up about the company but am
not impressed at all. Its only claim to fame is something called
"SmartCharge", a call accounting product. The company's new website page
isn't even completed and I seriously doubt that Watson would be wasting a
valuable dual listing on the ASX and NZSE on the likes of Commsoft.
Moreover, Commsoft plans to list on the ASX in June so even if Frontier was
in the equation, I suspect that speculators are in far too early. There's a
long way to go until June. Personally speaking, if investors are speculating
on Frontier, they should also be including Amity Oil in their portfolio
because that is also in the Watson camp...as well as x and y and z. Good
luck with your investing.
p.s. I see The Warehouse's release of its annual results tomorrow has been
discussed on tonight's Sharechat. I invested a bit on it today and hope to
see some good capital gain tomorrow. Good night.
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