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Re: [sharechat] Tech stocks demise


From: "nick" <acummin@es.co.nz>
Date: Thu, 25 May 2000 07:08:47 +1200


        You should stay in bed longer,  then perhaps you
would be less depressed -:)

 nick

> The news overseas re tech stocks has not been good at all (despite
> occasional 'dead cat' bounces). Across the Tasman, ComVergent has
announced
> overnight that it is shelving plans to list on the ASX. Vodafone, which
had
> intended a partial float, may have to reconsider plans since its company
> valuation took a downhill slide over the last few days. Here in NZ, we
have
> seen the likes of ADV, EVZ, ITC etc all heading steadily south and at this
> point of writing, the Nasdaq is down by another 3%. All in all, very
> depressing news to wake up to!
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