Forum Archive Index - August 2001

["Nick McVerry" <nick@wake.co.nz>]

The ITC annual report may well have been written before the supposed demise of Streamlink, but it was obvious it was on the cards at the time of writing by the total lack of mention of Streamlink.  It got a total mention of about 10 lines which are basically the same 10 lines that get repeated everytime it is (or was rather) talked about, compared with pages on the other investments.

 

Wasn't hugely impressed with the stuff up on page 44 - the (please insert date).   Ah well, always fun laughing at other peoples mistakes, looks like they can't afford decent proof readers any more :(

 

As far as the share price is concerned, I am not too worried about the short term fluctuations and see that it has strong growth prospects long term especially around DVI.  I also wouldn't write Terabyte off, it has been re-valued extremely conservatively in my opinion and once the technology sector starts to recover locally the lost value will be easy to  regain.

 

I think you should really have completed the cliché by the way, "One thing is for sure, its not gonna happen overnight - but it WILL happen."

 

 

Nick McVerry
nick@wake.co.nz

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

From: nick

To: sharechat@sharechat.co.nz

Sent: Saturday, August 04, 2001 8:30 PM

Subject: [sharechat] Interesting week for ITC

     Looks like all the selling of shares had already

finished by the time the announcement about streamlink

had been made.

          The shareprice ended the week in the same place it

started,  makes me feel rather more comfortable to be holding the

stock.

    Recieved the annual report yesterday, amusing to see it was written

before the demise of streamlink, had them down as a 1.25 million

investment. Will be interesting to see if any of it is recovered.

    Looks like any hopes of a revival will be centred around

Deep Video Imaging and Virtual spectator.  One thing is for sure,

its not gonna happen overnight

 

 Nick