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[sharechat] GPG, EVZ and CASH


From: "Brian Jones" <ibbij@hotmail.com>
Date: Mon, 17 Sep 2001 09:28:55 +1200


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.

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