Forum Archive Index - February 2001

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

LIES, DAMN LIES AND STATISTICS

IMHO it would appear that some nicely biased "statistics" wheeled out by Mr 
Preston with respect to the granting of waivers.

Of the 114 waivers or thereabouts - I'd hedge my bets, about 99% would 
represent waivers of cumbersome/over protective legislation/listing rules 
etc. that the average Joe Bloggs would have no idea about or would in anyway 
impact on there lives.

Although not present, Mr Preston should perhaps have delved a little below 
the surface to see exactly what the 114 waivers represented and then 
compared the number of "material" waivers with those granted in another 
jurisdiction.

Disc: Am in no way linked to the NZSE


>From: "Ian Rawnsley" <ianr@ie3.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: RE: Re: [sharechat] BOOKS- .............................Peter 
>Maiden
>Date: Fri, 23 Feb 2001 13:43:17 +1300
>
>I agree with Phyllis about the excellent presentation last night by Tim
>Preston of ASB Securities.
>
>I seem to recall that Tim mentioned that in NZ there had been 114 waivers 
>by
>the NZSE and in the UK there had been 1 (yes ONE) WAIVER in the same time
>period. Food for thought eh!
>
>Ian Rawnsley
>   -----Original Message-----
>   From: owner-sharechat@sharechat.co.nz
>[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Phyllis Bergquist
>   Sent: Friday, February 23, 2001 1:21 PM
>   To: sharechat@sharechat.co.nz
>   Subject: Re: Re: [sharechat] BOOKS- .............................Peter
>Maiden
>
>
>   Interestingly last evening Tim Preston of Asbsecurities who spoke
>excellently and clearly on all aspects
>   gave us a succinct rundown of the Montana saga.     I don't recall the
>exact figures but in the matter of "waivers"
>   the Brits made 1 waiver and our stock exchange made an incredible number
>over the past year...
>   Perhaps someone else knows the number.
>

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