Forum Archive Index - May 2001

["ryanrite" <ryanrite@xtra.co.nz>]

TEL got to be looking cheap with earning of 38.5cents per share and under $6.00.

Income will improve with toll calls going up; cable to take more traffic; Aussie move looking better for growth; Interested at what everybody thinks; is it a buy, sell, hold; Will it go up or down ???? lets talk about it everybody,

Athol

-- --- Original Message -----

From: G Stolwyk

To: sharechat.co.nz

Sent: Wednesday, May 16, 2001 3:29 PM

Subject: Re: RE: [sharechat] MMD - Micromedical Industries Limited - Artificial Heart

 

Snoopy,

 

I noticed that you " left a bit out " from my post dated 15 May 2001, time 11.17:

 

You are quoting me as follows " And that is exactly what happened to AIRVA, $ 4 in 1997/98, $ 2.70 in June 1999, $ 1.40 in March this year".

 

You should have added " when I suggested to somebody to get out of AIRVA quickly and move into AIA-, to 85 cents a few weeks ago ".

 

And " that you wished, you had followed some of my recommendations on the Australian market more closely ", thanks for that compliment!

 

But you want stocks with a track record of a few years . If I mentioned another stock like CLH to you with the same record as it had last November, I don't think you would buy it!

 

You and I have completely different investment horizons, I think. Mind you, I have several stocks with a proven track record and will continue to do so in the future.

 

Now here is a stock you may want to have a look at: MIG.AX, web site:

 

< www. macquarie.com.au/mig/mighome.htm  >  

 

A stock with potential. I am not necessarily recommending it, the reader has to do his own thorough study on this stock! 

 

Gerry

My motto : Life is worth living, get out of the "dungeon " and breathe some fresh air! Don't follow the dinosaurs!