Forum Archive Index - March 2000

[timothy carling <tmtcarling@yahoo.com>]

Rini, 
I don't blame you if you decided to sell your INL
shares for a 35% gain tomorrow but this is what Mike
Robson, CEO of INL had to say to NZPA tonight.

One of the reasons for this week's INL share split was
to increase liquidity in the stock and Mr Robson
agreed that with the new major shareholder, it meant
that major shareholders now owned more than 65% of the
company and that purpose had to some extent been
defeated.
"But I guess people who are holding on have some
valuable stock on their hands," Mr Robson said.

Rini, Copy the last two lines of the above excerpt and
look at it before you decide to sell so when you do,
at least you know what you are giving up. The best has
obviously not come yet because since when has
venerable Telecom ever made "lightning raids"? You are
sitting on a gold mine!

Kind regards,

Timothy 


__________________________________________________
Do You Yahoo!?
Talk to your friends online with Yahoo! Messenger.
http://im.yahoo.com

----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.