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Re: [sharechat] Shouldn't a lower dollar increase prices?


From: "G.P.Thompson" <gp.thompson@bitworks.co.nz>
Date: Fri, 25 Aug 2000 11:40:37 +1200


Mike

1. Someone with USD to spend can buy more NZ stocks for the same cost than
last week.
2. Listed NZ exporters should increase earnings with a lower dollar which
will eventually lead to better profits dividends etc. Forest and farming
stocks especially. Eg CAH, FFS, WRI, CED etc.
GPT

----- Original Message -----
From: "Mike Nelson" <bb2345@ihug.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, August 25, 2000 10:50 AM
Subject: Re: [sharechat] Shouldn't a lower dollar increase prices?


> I am intrigued as to why Rhys is correct. Would you be able to elaborate
> for me GPT.
>
> MN
>
>
>
> At 10:49 AM 25-08-00 +1200, you wrote:
> >You are correct but it while this is big news to us it will not have
> >registered with overseas players. Give it a week or so to sink in.
> >GPT
> >----- Original Message -----
> >From: "Rhys Lewis" <rhys.lewis@zivo.co.nz>
> >To: "Sharechat (E-mail)" <sharechat@sharechat.co.nz>
> >Sent: Friday, August 25, 2000 10:38 AM
> >Subject: [sharechat] Shouldn't a lower dollar increase prices?
> >
> >
> >> Call me naive, but shouldn't we be seeing increases in some of the
'blue'
> >> chips with the drop in the dollar?
> >>
> >> Rhys Lewis
> >> ZIVO
> >>
>
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