Forum Archive Index - March 2000

["Philip Robinson" <robph639@student.otago.ac.nz>]

Some people seem to have forgotten what this is about. From what I have heard from Ben, this site promotes debate about shares and the like. If Gordon wants to be sceptical, well let him, he has put forward opinion about this IPO, and if people don't agree with it they shouldn't attack the strawman. They should come out from behind whatever they are hiding from and debate the issues, badmouthing people for their opinions is socialist.

I haven't read the documents but from what people have said there is minimal history to base projections on, and 30% growth a month in my view sounds optimistic to say the least.

One must remember that df mainland are being paid by beauty direct to promote the float and so you are NEVER going to get a objective research report from them, my personal policy when it comes to taking notice of brokers research is find out past and present fiscal connections before any money is put on the table.

And on the point about Kiwi innovation being supported and not bad mouthed, just because a Kiwi is doing something doesn't mean that its good I think I would have some agreement if I said that money shouldn't be put into the float because it is a Kiwi idea, it should be put in if it is a GOOD idea.

 

I must say that I have not read the report and I know none if the individuals involved, the sole reason for writing this is the continued annoyance at the fact that some people do not understand the concept of debate.

 

Many thanks

Philip Robinson