Forum Archive Index - September 2000

[Marilyn Munroe <who.c@res.co.nz>]

I saw this site mentioned in Saturdays N Z Herald. I found it very interesting.
It is an independent commentary by a Hong Kong retired investment banker
on what is happening with companies listed there.

This guy doesn't pull any of his punches, for example;

This is a loophole because it allows directors (particularly so-called "independent" ones) to hop in and out of the boardroom between annual reports and avoid any disclosure except of their name.

We liken this to quantum fluctuations in a vacuum, where under Heisenberg's uncertainty principle, short-lived particles can jump in and out of existence without violating the conservation of energy. Quxxxxx directors are similarly transient.

He also runs his skeptical eye over Pacific Century Cyberworks Ltd, which you will recall is the company Telstra has chosen to become associated with, in its push into Asia.

If his premonitions about Pacific Century Cyberworks come to pass I predict that someone in Telstra's head office next job will be, cleaning the contact surfaces in a step exchange somewhere out beyond the black stump.

Find out for yourself. Go to;

http://www.web-site.com

Disclosure hold TLS
 

Boop-boop-de-do Marilyn (no longer in dowdy mode)

*