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[sharechat] DOT minicrash/ITC/FLP/Billy Gates


From: ril <ril99_99@yahoo.co.uk>
Date: Tue, 04 Apr 2000 14:24:27 +1200


The 10% fall in the DOT (internet index) yesterday is significant. Will
be interesting to see whether this continues. ITC part of sector.
Damgerous to average down on stocks with no inherent value (earnings).
Will this be start of serious net shakeout?

Unbelievable what has been offered for FLP shares. The buyers will never
get a decent return from it over the lone term. Equivalent in purchasers
currency of $2 per share on the basis of where NZ currency was 12 months
ago.

Persecution of Billy Gates stitched up in US kangaroo court. Why don't
they just pass a law in Congress outlawing the superwealthy. The old US
jealousy which was previously vented on Milken and Rockerfella (and
Gates isn't even Jewish).

Good to see the long suffering FLP shareholders getting a break.

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