Forum Archive Index - October 2000
Please note usage of the Forum is subject to the Terms & Conditions.
[sharechat] Telecom, Contact
Actually Ben This was very helpful. I was unaware of the "Press" report
and of the latest rumours of possible increase of stake by Edison.
Thanks michael
Ben Dutton wrote:
"...And, still on the subject of rumours, Saturday's "Press" reported
that CEN's
recent rise had "taken place alongside 'a heavy does of rumours' on the
corporate front, notably that controlling shareholder Edison Mission of
the
United States may be planning to increase its stake."
Of course, we've heard this many times before with CEN - and nothing has
eventuated. Is this time any different? Once again, its speculation
and
may, or may not, turn into something.
So sorry I haven't been much help Michael - but I will say that (and
this
applies to everyone) that if one buys on speculation, one has to
remember
that there is a possibility of losing money if the speculation turns out
to
be unfounded. Of course, it goes the other way round too, but people
sometimes forget about the former in the heat of the moment..."
----------------------------------------------------------------------------
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.