Forum Archive Index - April 2000

[Derek Watt <dkw@paradise.net.nz>]

At 03:17 PM 4/11/00 +1200, you wrote:
>um Derek, not sure what significance 31/04/2001 has apart from the fact
>31st April ain't in the calendar mate.

The date is not really important but it should have been 31/03/2001, 
I got distracted while writing the posting.
Good luck with your strategy. 
Derek

>Re RIL's prediction, yes I lived through 1987 and it was damn painful, more
>painful in NZ than anywhere else. However I disagree with RIL except for
>the hot air being let out of some of the tech stocks and the overblown PE's
>on the DOW subsiding. Some of the overseas investors will panic and sell
>out in NZ and some of the amateur investors here will panic and sell out.
>But I fail to see 1987 again in NZ, more of a medium dip.
>As a long term value investor it doesn't really affect me as long as the
>value 
>companies maintain most of their dividends.
>
>cheers,
>hugh
>



-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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