|
Printable version |
From: | "Osbert Sun" <osbert.sun@xtra.co.nz> |
Date: | Wed, 17 May 2000 22:40:22 +1200 |
ITC - Encouraging to see it recovered well today
from yesterday's low of 21c. However, the continued selling by institutions over
the last few weeks has made me somewhat uneasy in the short term. The big
question: have we seen the bottom yet?
AQL - Be extremely cautious with this stock unless
you are the person in the know or have more money to loss. I have nothing
further to say about this stock
SPE - All the waiting and guessing are over for
this coy. The WEL deal is going ahead, the options and rights issues are written
in the book. However, the reaction from the market has been very cautious. So
what's next?
Given that the market volatility is much more
unpredictable than ever, I'm inclined to retreat back to value investing. I'm
trying not to worry what the US market may perform overnight.
Kind regards,
Osbert Sun
|
Replies
|