Forum Archive Index - May 2000
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[sharechat] ITC..from the Voodoo dept
I am inclined to agree with you Tony.
Given the timid way the NZ market operates I think that "tech"
stocks may take a long time to get back into favour. Perhaps our
hardy annuals like CAH and the Fletcher stocks may offer a
quicker return.
Even if techs in the US do recover quickly history has shown NZ
stocks do not automatically follow the US market upward even
though they automatically follow its declines.
However, I hope I am proven wrong.
Regards,
Moose
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