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


From: Mike Nelson <bb2345@ihug.co.nz>
Date: Tue, 04 Apr 2000 14:43:48 +1200


What's the DOT index and do you have a web address for it ?

MN



At 02:24 PM 04/04/00 +1200, you wrote:
>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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