Forum Archive Index - May 2001

["David Ling" <seechoke@hotmail.com>]

Low A$, an aggressive advertising tourism promotional campaign by the 
Austrlian government and a recovery (already evident) from the dislocation 
of tourism flows into Australia in 2000 due to the Olympics ...if you are 
looking for a recovery story, I think this is the one for 6 to 12 months 
down the tracks. Looking for at least 40% gain (share price at $2.00 vs 
$1.40 currently).

A couple of institutions who went too heavily into the stock are selling out 
and causing price pressure.  One is AXA which has shifted its funds 
management unit to Australia and ligthening on its NZ small caps exposure 
... good time to invest when an institution is selling for that purpose.


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