Forum Archive Index - November 2000

["Matthew Van Veen" <mattvanveen@hotmail.com>]

I tend to remember this time last year that we were in the Tech stock hype 
and we were all buying AQL, ITC, NGL, SMR, ADV etc from this only to see it 
all come falling apart about March. No NZ tech stock has been wiped out in 
the last 12 months (even AQL is still there be it in a shell form) and a few 
have been added. One of these is BDO which is subject of today due to its 
recent rise. Apart from AQL, you can now buy the above stocks and others 
much cheaper than they were this time last Nov (without doing exact sums). 
All apart from AQL still have underlying businesses or investments.
Are we about to see another surge of popularity in these and other tech 
stocks ( CSG, EVZ, WNC, CGB ). Even Warner is thinking seriously about ITC 
so the tide could be turning. I tend to think if a rally is forthcoming then 
todays prices must represent good entry levels - or some have already missed 
given the rise of NGL and BDO in the last week.
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