Forum Archive Index - February 2001

[Phil Eriksen <phil@acepay.co.nz>]

nick wrote:
> 
>       How many companies have so far blamed the olympics
> for latest poor results?   Nuplex, tourism holdings, michael hill
> jewellers, air new zealand and uncle tom cobbly and all.
>   you name it they are all blaming the olymics for
> something.
>          Tourism holdings is probably the most ironic, a couple of
> years
> ago they were touting the olympics as a factor which was going to
> propel the company upwards, now the olympics is responsible for
> all their problems.
>        Which other companies will be using the olympics as an excuse
> in the next few weeks?  Whats the betting that even advantage group
> will manage to blame the olympics for something.
> 
>     nick

Investment strategy prior to an Olympic Games : buy the drug companies,
sell everything else?

Cheers,
Phil


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