Forum Archive Index - December 2000

["charlie brown" <gordy_gecko@hotmail.com>]

Ian

Appreciate your comments.  As a long time holder of WNC shares, are you still interested? or, has the latest fiasco quelled your enthusiasm? (presumably you are still a holder given your efforts to "air the dirty laundary")

Thanks

Charles

 

>From: "Ian Andrews"

>Reply-To: sharechat@sharechat.co.nz

>To:

>Subject: Re: Re: [sharechat] WNC - Ian Andrews

>Date: Tue, 5 Dec 2000 22:09:11 +1300

>

>Various bodies are dealing with WNC currently, so I can't say too much or it may harm their efforts.

>I can say though, a lot of investors have assumed the same rules & protections apply on the secondary board as on the main board. They do not, so investors need to be able to trust boards of directors more in these companies than in others which are regulated.

>Investors must make up their own minds as to whether WNC's business & the market in its shares is fairly run - based on the information available. After all, one needs to do a risk, as well as a reward assessment with any investment.

>From a technical traders point of view, the WNC chart shows a well-established downtrend on light volume with support at 5 cents likely to be tested before long.

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