Forum Archive Index - July 2000

["David Thompson" <dvd_tpn@hotmail.com>]

Max,
The strategy (and timing) behind the marketing of any new offering in 
today's highly-aware market is critical....and this is why some stocks 
attract lots of interest...while others are doomed to failure. With respect 
to SMR, I thought that the company's announcement yesterday was extremely 
not user-friendly and without the essential ingredients that investors would 
be looking for (i.e. badly written). This has been mentioned by someone on 
Sharechat last night and I share the same sentiments. There has been lots of 
interest in SMR in the last week (probably those with the inside running) 
but I doubt whether it can be sustained. If I had SMR shares, I would 
seriously consider whether I would want to exchange my shares for a company 
that I have not even sighted the fundamentals on. I'd rather profit-take 
right now and if sometime down the track, the fundamentals are made public 
and they look attractive enough, I may buy in on the open market. If they 
don't, I am still sitting very nicely on my profits. Just my thoughts.

David Thompson
________________________________________________________________________
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.