Forum Archive Index - March 2000
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[sharechat] New Subject
For those following UK stocks the following mail from a site that
correctly predicted a number of good buys such as Sopheon, ARM in very
early stages. I do hold and trade UK stocks.
Subject:
City whispers warning 15th March
Date:
Wed, 15 Mar 2000 12:17:35 -0000
From:
"Viktor de beers" <viktork@citywhispers.co.uk>
To:
<Undisclosed-Recipient:;>
Look at the following information cynically and treat it as a form of
ramping! You don't have to buy! The
information included is not an invitation to buy or sell shares and is
not intended to offer any financial
advice. The following are 'whispers' regarding which way the following
stocks are possibly going to move
from within the city. These are not my own views, these are whispers
within the city (the shoe shiner,
hairdresser and kebab man-no credibility should be attached), the stocks
I hold are marked with an *
Remember do your own research before any investment
decisions are made
CITY WHISPERS warning
Wednesday 15th March
Please note with the current conditions in the market place, City
Whispers feel it is sensible to liquidate a
high proportion of the portfolio as a precautionary measure. 85% of the
CW portfolio has been liquidated
and the remaining 15% is retained in utilities. The basis of the
decision is the continuing worry of an over
expanding economy in the UK as well as the US - higher interest rates,
added to this are the recent
comments by Bill Clinton and Tony Blair - Biotech Stocks, Falls on
Nasdaq are pointing towards further
falls. Everyone has talked about the 'internet bubble' we feel it could
burst any time now and as a result
feel Tech stocks will take the full brunt of it, and may never recover
to the high prices they have already
enjoyed. Longer term stocks could recover but we are not prepared to
take the risk.
Viktor de Beers
Please remember these are the views of City Whispers and do your own
research before any financial
decisions are made.
For Archives go to www.citywhispers.co.uk
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