Forum Archive Index - August 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

Re: [sharechat] TEL- pass for now

From:	"hugh webber" <hugh.webber@clear.net.nz>
Date:	Tue, 22 Aug 2000 19:50:46 +1200

ditto. I sold out at $7.81 and I'm staying out until its finished plumbing
the
downside which may be a stepwise process. I notice Telstra dropped by
more than TEL today. I'm also mindful of Warren Buffetts warnings that
new technology areas compete away the profits rapidly between the entrants
and the examples given for railways, cars, aircraft etc etc.
I need a solid indication of sustainable increased profit, growth per se is
not
much good to an investor.
cheers,
Hugh
----------
> From: Chris <cd@ak.planet.gen.nz>
> To: sharechat <sharechat@sharechat.co.nz>
> Subject: [sharechat] TEL- pass for now
> Date: Tuesday, 22 August 2000 16:06
> 
> 
> TEL looks attractive at under 700c but getting past the 700-740 range is 
> going to be hard work when you consider forthcoming activity in its' 
> sector.
> 
> TLSCB holders need to pay the balance in Nov and Vodafone Pacific floats 
> in Oct.  The call for cash is huge and no matter how wonderful TEL may 
> look(?) the institutions and funds will be keeping those two offerings in

> mind when considering TEL.
> 
> Consequently, I think upside is limited in the short term.  Any other 
> input on this?
> 
> CD 
> 
>
----------------------------------------------------------------------------

> http://www.sharechat.co.nz/          New Zealand's home for market
investors
> http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join
now.
>
----------------------------------------------------------------------------

> 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
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

Messages by Date [	Next by Date:	Re: [sharechat] W D T annual report Geoff Ewert
	Previous by Date:	[sharechat] W D T annual report malcolm feisst ]
Messages by Thread [	Next by Thread:	RE: [sharechat]1.8 Mt Hutt Andrew Mackinder
	Previous by Thread:	Re: [sharechat] TEL- pass for now Les ]
Post to the Forum [	New message	Reply to this message ]