Forum Archive Index - July 2000

["NG" <zinovii@ihug.co.nz>]

Hallo .
Yes , it's right .
But people always say "Institutions selling"  . If some institutions
selling - some  institutions buying . Retail investors too weak to play that
game of millions.
Institutions who has bought this shares : do you think they will pay all
cash ? I mean volume was nearly $122 mil . I don't think people put this
money for future 8-9 % per year dividends . I think they ( who has bought
it) hope for price-lifting shortly .
It is just guess .
About where are THE MONEY I suppose  Overseas : look just to OZY market so
many nice (sexy) possibilities there, compare NZ .
Rgds ,
Zinovii.
----- Original Message -----
From: "Matthew Van Veen" <mattvanveen@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, July 06, 2000 5:13 PM
Subject: Re: [sharechat] TELECOM $6.99 on $70m


> Chris
>
> I would give it at least another week. Not much support there so price
will
> keep drifting down to at least $6.50. This may be a good buying point for
an
> entry but then who knows. A rally in the next month or 2 back to $9-$10
> would be nice at this price.
> But where are the sellers putting there monies?
>
> Matt
>
>
> >From: Chris <cd@ak.planet.gen.nz>
> >Reply-To: sharechat@sharechat.co.nz
> >To: "sharechat" <sharechat@sharechat.co.nz>
> >Subject: Re: [sharechat] TELECOM $6.99 on $70m
> >Date: Thu, 6 Jul 2000 13:44:45 +1200
> >
> >Yeah and still no sign of support.  Appears selling is from a number of
> >institutional brokers.  Maybe there is a reweighting to Telstra going on.
> >  Where to buy TEL?  $6.90?
> >
> >Chris Darby
> >cd@pl.net
> >
> >Warner wrote;
> > >OH Dear.
> >
>
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