Forum Archive Index - July 2001

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

Hi Gerry,

 

Doesn't 47 posts for MMD on Ozestock tend to confirm the point Snoopy makes about MMD possibly being "ITC all over again"?  If a share is being talked about, and speculated on, to this extent, it makes it impossible to estimate how much of the price is due to this enthusiasm.  ITC was a hot topic a while ago ; the messages fade away along with the share price, or is it the other way around?

 

While MMD sounds exciting, and while you are quite clear that it is a small investment in the speculative end of your portfolio, I hope any others following your lead are as level headed! (or are buying for trading rather than "hold for 3-10 years" purposes)  My impression is that MMD could well be another ITC, or it could be a huge winner ; how one could predict with any precision which of those will be the outcome is beyond me. 

 

Cheers,

Phil

Therefore, your answer that the goodwill value in MMD's price is 100%, is incorrect!

 

The correction to MMD's share price may be very temporary, now yesterday's confusion is being cleared up: There is a continuing high interest in the stock! Sofar, 47 posts today on Ozestock! Turnovers have been very good!