Forum Archive Index - April 2000

["Geoff Ewert" <gewert@wai.quik.co.nz>]

Ben will be hearing from the SPCA for this- Original Message -----
From: "malcolm coleman" <malcolmcoleman@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, April 19, 2000 12:31 PM
Subject: [sharechat] Cat hits Day Trader - both dead.


> Rawters News: 18/4/2000  A dead cat is reported to have made its way from
> Nasdaq, USA to New Zealand on a one-engined Air New Zealand flight late
last
> night. It had managed to stow away in the undercarriage, but fell from the
> Sky when a wheel came off the plane, apparently weakened after a turbulent
> landing in Singapore.  A Day Trader, on her way to the Eagle Boys Pizza
Hut,
> was unfortunately struck and killed by the cat as she paused to activate
the
> 7% turbo-boost vibrator on her SYMBOL WAP device (elementary, Mr Watson?).
> Police have laid charges against the cat's owners, Mr and Mrs Rich
Pickings
> of Silicon Valley for a 'gross breach' of New Zealands strict
bio-Securities
> protection laws.
>
> Share % movements in the last 6 weeks (to present) for those interested in
> New Zealand's dynamic Technology sector:
>
> EFC  -30%
> AQL  -30%
> EPH  -47%
> FOR  -43%
> HGD  -29%
> ITC  -45%
> ITCOD-59%
> PRG  -14%
> SMM  -21%
> SPE  -52%
> SVY  -27%
> ADV  -26%
> SMR  -49%
>
> Nasdaq corrects all of Friday/Monday losses. if NZ buyers follow herd
> instinct then losses of 20-30% should now be followed with gains of 25-43%
> to get back to square one.  I'm still waiting... I think the three people
> supporting our tech industry just left for a more important engagement
> somewhere in the East...
>
> Now tell me I should continue day-trading!  IMO I'm a mug and IMHO day
> trading is a mug's game in this country. My advice - buy long in NZ and
> stick to free star-gazing. (Yes I definitely need some sleep Mr Jones...)
>
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