Forum Archive Index - April 2000

["nick" <acummin@es.co.nz>]

      Those investors who have kept faith with fundamentals

will be sleeping more securely than recent victims of tech fever.

        Suddenly the good old New Zealand market is looking a nice safe

place to be.

      Sure on monday we will take a hammering, but not nearly as bad as

most markets and the fact we are already undervalued means recovery will

be swift.

     Looks great for some bargain hunting to me, possibly in mid week when

the panic on wall street will have subsided. Im going to top up on all

my old economy stocks and if advantage goes low enough (less than 3.00 i may

even jump in there hehe)

            nick