Forum Archive Index - September 2001
Please note usage of the Forum is subject to the Terms & Conditions.
[sharechat] GPG, EVZ and CASH
As the markets continue to decline, cash increases in value. Not because of
what it can earn ,but because of what it will eventually be able to buy in
the way of assets as values decline.
The recent GPG notes issue, in hindsight, would seem to have been timed
perfectly.
I have posted recently on EVZ, a company sitting on cash which is in effect
increasing in value as the markets head south.
The above assumes that the markets and economy will recover although this
mornings opening down 65 points wont be doing much for the recent optimists.
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp
----------------------------------------------------------------------------
http://www.sharechat.co.nz/ New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.