Forum Archive Index - January 2001

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

Rick/Peter

I read with interest your comments and predictions of late on SKY.

I purchased some SKY late last year at $2.80 about the time that Telstra Saturn and TVNZ signed there MOU.  One of my reasons for purchasing is that I am of the belief that NZ cannot sustain 2 digital TV suppliers and therefore SKY will need to be brought on board some time so that its set top boxes can be used for the transmission of the Telstra Saturn/TVNZ service (should this eventuate).  I was interested to read when back home at Christmas a response by a senior TVNZ executive (Herald/Listener) to an article that expounded the same theory that this infact would not be the case.

What are your or other chatters thoughts on this?

Another reason I bought - like the brokers recommendations is because I thought (and still hold that belief) that it is an undervalued stock.

Thanks in advance.

Charles

>From: "Rick Nelson"

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

>To:

>Subject: RE: RE: RE: [sharechat] SKY TV

>Date: Tue, 9 Jan 2001 15:51:18 +1300

>

>Peter, a good lift today with SKY but on very light volume and lots of

>individual trades.

>

>I may pick up a few on a rebound.

>

>Perhaps you should put the fundamentals to one side more often!

>

>Rick

> -----Original Message-----

> From: owner-sharechat@sharechat.co.nz

>[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Peter Maiden

> Sent: Tuesday, 9 January 2001 06:36

> To: sharechat@sharechat.co.nz

> Subject: Re: RE: RE: [sharechat] SKY TV

>

>

> Rick - thanks for those view on the SKY chart.

>

> After looking at many charts over the years this is one that seems to be

>supported by some form of "logical technical analysis" - if such a thing.

>

> For the first time I recently made an investment based solely on a chart

>(not the house) when I bought some SKY at 275. The chart says will go higher

>and will have future peaks at about the levels you mentioned.

>

> In this case stuff the fundamentals and other principles and disciplines I

>keep to.

>

> Let's see what happens - always need to try something new (innovative etc)

>in these days if you want increasing returns.

>

> Thanks

>

> Peter

>

>

>

>

---

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