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[sharechat] Soros' moves may impact on other NZ tech stocks


From: terry mitchell <tymitchell@techemail.com>
Date: 30 Apr 2000 12:47:48 -0700


I have no doubt that George Soros' decision to reduce substantially his 
worldwide tech stocks will send other foreign investors in NZ tech stocks also 
reconsidering their positions. 
Small investors should therefore take Soros' decision as an early warning and 
reconsider their positions not only in stocks such as ADV (obviously) but also 
SMR and ITC which depend substantially on foreign investors. Even Eric Watson 
himself could see that there is more money to be made from chasing debtors 
rather than turning Frontier into another B2B company. 
Just my thoughts.

Terry Mitchell



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