Forum Archive Index - April 2001

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

> I agree- good summary-but you have missed an important point.
> Air NZ has successfully sold non-core assets at excellent
> value=$80.Million10.6c per share. They have done well-! and that will
> make a hell of a diff to your bottom line. 
>


Yes and no.  That computer booking system sale will help their cash 
position, but I see that as irrelevant to AirNZs operational 
performance


>
>I think they are a Hold if you have them-and if not better to invest 
>elsewhere Callum
>

 
As long as you have AirNZ as part of a balanced portfolio, I see no 
reason to get panicy and sell it at these levels. SNOOPY





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