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Re: Re: [sharechat] Market up - Market down


From: Roy <baldman@internet-auditor.com>
Date: Mon, 17 Apr 2000 17:15:46 +1200


I would suggest that it is time for a change of mindset.
What I am reading on the posts today is reminiscent of the "go gettums" of the early days of October 87.

Stand bye for some wild swings as everyone gets there mind around the changes.

I would also comment that the price for a "strategic" block of shares should not be used for general valuation purposes. ie Because Singapore paid $3 anything less is a bargain. Look at Contact Energy for some hints on this subject.

Not withstanding all of the above there will be some good buying/trading opportunities for the brave!



Roy Edwards, Internet Auditor
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<http://www.internet-auditor.com>
Ph ++647-578-0324
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