Forum Archive Index - May 2000

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

----- Original Message -----
From: Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: 12 May 2000 6:24 AM
Subject: Re: [sharechat] Light Relief - Reflections on a bear market.


> You are very comforting in this Dark Age of Aquaria.  OK, it was a
> speculative buy, but did Eric Watson really sell out in March?  Why then,
> does David McEwen still insist that Watson backs it (I am assuming that
> amongst all your investing woes, you too got caught up in the Aquaria 21
> fever? )


No, never touched it. The only two pure speculative purchases I've made have
been chrome global (sold out on 104% gain), and Wavenet, which I'm still
holding -72% loss. End of speculative purchasing.

All my other shares are 'value' shares - some are still getting hit pretty
hard all the same, but I'm not overly, I said, overly, concerned :). I hold,
on ASX/NZSE:

NZSE: APT, FEG, RYM, RBD, WHS
ASX: UCR, WAL (ha ha), NUF and TLS

Obviously NUF (just bought more at $3.62) and TLS (just bought more at
$8.10) are both via NZSE. Comparatively, I have much more money in ASX than
NZSE (political decision!).



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