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Re: Re: [sharechat] Re:Wilson Neil / Spectrum

From:	"Ian Andrews" <iandrews@ihug.co.nz>
Date:	Mon, 5 Nov 2001 18:03:55 +1300

There's a world of difference between Spectrum & Wilson Neill in terms of director quality - the former have reputations worth preserving; the latter....well. I wouldn't want to dissuade anyone from investing in a smaller company - ironically they can be the easiest companies to understand & Warren Buffett never invests in companies he doesn't understand.

If an investor can keep informed with regular emails from Spectrum, that's possibly a sign of a company honest story. WNC doesn't send emails (or even reply to letters) It has a website, but it hasn't been updated in over a year.

PS I see former WNC director Paul Hyslop in today's "Herald" - in discussions over Fletcher Challenges claim against him for insider trading.

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