Forum Archive Index - May 2000

["Mark Hubbard" <mhubbard@es.co.nz>]

 

sorry geoff, I have to keep some dignity.

 

Then again, what the hell - it was Wavenet (WAL), pure speculation, but the products and concept looked promising (they actually had products!). I'm going to keep them in the bottom drawer and if they're still there in five years, see what they're worth.

 

(It was an aberration, I view myself as a value investor !)

 

 

 

----- Original Message -----

From: Geoff Ewert

To: sharechat@sharechat.co.nz

Sent: 11 May 2000 6:14 PM

Subject: Re: [sharechat] More on Telemedia

Fess up,it might make me feel better

----- Original Message -----

From: Mark Hubbard

To: sharechat@sharechat.co.nz

Sent: Thursday, May 11, 2000 4:56 PM

Subject: Re: [sharechat] More on Telemedia

 

----- Original Message -----

From: Oliver Shapleski

To: sharechat@sharechat.co.nz

Sent: 11 May 2000 4:50 PM

Subject: [sharechat] More on Telemedia

I notice TMN have taken another bashing today - closed yesty at 3.30, now down 6% at 3.10.

 

Others: Solution6 down 11%, ERG down 4%.  I guess there's still blue sky to bring down? 

 

Finally Telstra bounces - I was beginning to get dizzy with all the freefalling lately (every single one of my stocks is crashing and burning still...).  Hasn't this gone on long enough already? 

 

 

 

I know the feeling Oliver; if my portfolio doesn't start making up some of its losses soon, my lovely wife may well take away the money pot!!!

 

Other than FEG I haven't been able to do a damn thing right. I purchased Telstra last week at $9.15, and thought I had done well. Mind you, purchased a smaller volume this morning for $8.10 so thats saving face a little bit.

 

I also managed to achieve my two worst results this year - .33% in UCR (Aussie engineering firm), and, wait for it, -72% in another Aussie company (but too embarrassed to own up to which one). That trip was not fun!!

 

Its back to value investing for me, for ever!