Forum Archive Index - September 2000

[Derek <dkw@paradise.net.nz>]

I think that for a country of 3 million NZ has had it's share of success in
technological areas, and its share of rip-offs just like anywhere else.
Only yesterday I saw some US company trying to explain how it could
magically produce hydrogen from water using only a small amount of
electricity. What nonsense. 

As you say its your money, and better to be safe than sorry, but I think
you'll find that New Zealanders are as innovative as anywhere else, maybe
more so.

About the performance of listed IT companies, most of the hype has been
generated by the punters and not the companies, just look at sharechat.
Admittedly some companies and individuals have sought to take advantage of
the hype to try and cash in (the floating of Comsoft seems a good example).

Derek

PS Didn't Bill Gates inherit the money he used to get started?




At 06:43 PM 15/09/00 +1200, you wrote:
>Build a better mousetrap and the world will beat a path to your door.
>
>An old saying, but one which illuminates the current state of the
>technology sector in N. Z. We are faced with rash of publicity releases
>which on closer scrutiny are not all they promise. In fact some are out
>and out flim flam.
>
>Wouldn't it be nice to be able to identify a Kiwi Bill Gates who wants
>to develop and bring to market some killer application. If you invested
>in such a person you could help establish a profitable N. Z. business,
>provide employment for Kiwi's, and make some money for yourself.
>
>Unfortunately I would not trust any company in the N. Z. listed
>technology sector because of my perception of the credibility of
>publicity releases. I may be wrong, but it is my money, and I am holding
>on to it.
>
>So any Kiwi Bill Gates's out there, I am sorry it is going to be very
>hard to prise cash out of me to help you, because of what has gone on
>before.
>
>Boop-boop-de-do MARILYN  (still in dowdy mode)
>
>
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