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RE: [sharechat] Foolish four (applied to nz stocks)


From: Andrew James <ajames2000@email.com>
Date: Sat, 10 Jun 2000 19:58:19 -0400 (EDT)


I have studied your posting and have worked out the Foolish Four RP
Variation, this being yield divided by square root of price. The result was
Capital Properties 8.57%
CDL Investments 4.28%
Designer Text 3.07%
Newmarket Properties 2.42%
Force Corperation 2.27%
The first share Capital Properties must be discarded (obviously with 45%
yield).
Only Force makes it into your top ten. Why did you not include the other
companies as they too have a low price and high yield?

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