Forum Archive Index - July 2000

["nick" <acummin@es.co.nz>]

              Im perfectly aware that they are different companies, my post
was intended to point out that sometimes on this group there will be a
wave of unbridled enthusiasm for a stock which borders on hysteria.
     The last being aquaria 21. I remember when it was heading for 20c
there was huge optimism, it was going to change to e stock etc etc,
a potential ten bagger easy money etc  People were buying simply on a wave
of enthusiasm
and greed without stopping to examine the fundamentals.The more it was
ramped
 the more the watsons et al sold their holdings.
           Remember the ITC competitions (how high will it go this week)
 70c 80c a dollar? it ended up at 22c !!.
            RMG may be looking wonderful at the minute with stocks all
rising
 but come the dark days of october it may be a different story.

          nick

> Nick,
> Please compare apples to apples, and oranges to oranges. AQL was an
aquarium
> business rumoured to be entering into the e-commerce arena. RMG is a
> conglomerate of established receivables management businesses, with
balance
> sheets and projected revenues for investors to consider. While your
> "concern" is admirable, perhaps a little bit more thought into the stock
> concerned is warranted.
>
> David Thompson
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