Forum Archive Index - July 2000

["wcwong" <wcwong@es.co.nz>]

Thank you mailing but we like to stop it for a while...thank you
-----Original Message-----
From: simon dallimore <smndallimore@hotmail.com>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Friday, June 16, 2000 7:13 AM
Subject: [sharechat] Wary of TWR takeover 'speculation"


>In my opinion, Tower (TWR) management have 'cried wolf' one time too many
in
>the past by an astute strategy of 'no comment' on takeover speculation. The
>objective is obvious - to raise a flagging share price. To this end, they
>have been successful as the TWR share price has risen substantially.
>Today in the NZ Herald, I read about TWR talking about future "alliances"
>and "acquisitions". Alliances are meaningless possibilities in the
insurance
>world and with respect to possible acquisitions, how can a small player
such
>as TWR make an impact in the insurance (or banking) world with any
>acquisition?
>And in the news article was the never failing and ubiquitous throwaway "no
>comment" on takeover speculation YET AGAIN! In my view, Tower has cried
wolf
>one time too many in the past on the issue of possible takeover and I, for
>one, will not be fooled.
>
>Disclaimer: The above is my true and honest belief based on observations of
>media statements issued by TWR management. Readers should do their own
>research and form their own opinions.
>________________________________________________________________________
>Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com
>
>
>---------------------------------------------------------------------------
-
>http://www.sharechat.co.nz/          New Zealand's home for market
investors
>To remove yourself from this list, please use the form at
>http://www.sharechat.co.nz/forum.shtml.
>


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.