Forum Archive Index - November 2000

["Wedde, John" <john.wedde@cit.ac.nz>]

Hi again Nick,
Check the ITC chat in this forum last week on the 7th and 8th November.
You'll find some discussion there that could give you some ideas for
questions.
Cheers
John


                -----Original Message-----
                From:   Nick Bryant [mailto:nbryant@nbr.co.nz]
                Sent:   Wednesday, 15 November 2000 03:39
                To:     sharechat@sharechat.co.nz
                Subject:        Re: [sharechat] ITC

                Thanks John,

                fair call. It's a while since I've written to the site and
forgot how
                careful one must be in phrasing things. I realise when money
is on the
                line sensitivies tend to be heightened. I have no
preconceptions, rather
                I noted there had been a lot of action on the site in
regards to ITC.
                Please forget I said "goings on", and many thanks for your
guidance
                about how I might ask some "judicious" questions.

                Cheers,

                Nick Bryant.



                Wedde, John wrote:
                > 
                > Hi Nick,
                > I'm a staunch ITC fan and believe they have performed
exceptionally well and
                > have still further fantastic future prospects.
                > As a holder of a significant number of shares [relative to
my total small
                > portfolio anyway!] I'd hate any questions that you might
ask on my prompting
                > to have a negative effect on the share price.
                > Nevertheless, I also have noted some concern within the
Sharechat forum on
                > the question of options. Some chatters have expressed the
view that there
                > seem to be an inordinate number of these. The concerns
seem to be, firstly,
                > about the diluting effect of these when they are exercised
and, secondly,
                > that directors and senior executives of the company can
reward themselves
                > improperly via this medium. Some judicious questioning
about options may be
                > appropriate but PLEASE do not stir up a hornets nest in
the interest of
                > scoring a good story.
                > I have not noticed any reference in this forum to "goings
on" at ITC ----
                > not a terribly positive phrase in my opinion!
                > Cheers
                > John
                > 
                >                 -----Original Message-----
                >                 From:   Nick Bryant
[mailto:nbryant@nbr.co.nz]
                >                 Sent:   Wednesday, 15 November 2000 02:45
                >                 To:     sharechat@sharechat.co.nz
                >                 Subject:        [sharechat] ITC
                > 
                >                 Dear sharechatters,
                > 
                >                 Having noted the slightest hint of
consternation at various
                > goings on
                >                 within ITC posted on the site in recent
weeks, if you'd like
                > any
                >                 specific questions asked of the directors
tomorrow please
                > forward them
                >                 to me at nbryant@nbr.co.nz
                > 
                >                 Many thanks
                > 
                >                 Nick Bryant
                > 
                > 
                >
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