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[sharechat] Interest Rates and Shares!!

From:	"dhawthorne" <dhawthorne@clear.net.nz>
Date:	Thu, 15 Mar 2001 21:32:59 +1200

Evening all,

As I sit here and ponder the days activities, I wonder to myself, 'what do they
know that I dont'?  I am refering to ANZ and WestPac, down 72c and 38c 
respectfully.
 Was this drop due to the fact that  interest rates have been cut, therefore
less profit?  What about the theory of more people taking morgtages, due to
the lower interest rates, therefore more profit to ANZ and WPT?  Is there an
announcement that I have missed?  

Also I am curious about NCH.  It is now in the NZSE10, is there a stigma 
surrounding
this stock?  I thought with "ON's" new pricing, this stock might take off. 
Will some experianced readers please offer some comments regarding this stock.
 I have done my figures, but would like some input from others.

Regards Dave


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