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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Wed, 14 Feb 2001 18:30:40 +1300 |
Malcolm,
I have been somewhat brusque, pse accept my
apology!
Unfortunately, we can't and won't sell out of
Australian stocks as we are longer term holders.
I don't like the fish and
chips the Lady from Queensland serves; the talk about regulating
Banks can also unsettle shareholders and foreigners
alike.
Aussies in election mode and anything can be
expected!
In the meantime, we shall just have to carry on as
we always do, regardless of who wins the next Fed. elections!
In my opinion, LACO will continue to be a good
investment, the price will have its ups and downs as most shares
do!
CBA has a lot of "hidden assets", however, the
market may not want to pay for that; should there be regulations coming into
effect, then it could be exposed somewhat.
Gerry
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