Forum Archive Index - November 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

JEREMY
rumours in aus peter corrigan interested party. Major big wig in LAC & LACO 
ask Gerry is this company involved or is peter doing this one on his own 
Gerry follows LAC
Malcolm Cameron




>From: "Jeremy" <jeremy@electrosilk.net>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] airva
>Date: Tue, 20 Nov 2001 11:43:29 +0800
>
>
>
> > According to "the press" it is because Richard Branson
> > may sell VirginBlue which is good for airnz as Branson
> > has a few dollars to spend against airnz.
> >  If an Australian bought it then that gives them
> > automatic flying rights in NZ. How can this be good
> > for airnz? more competition!!!
> >  Sometimes I wonder if the market works inversly!
>
>You might have noticed that Qantas has risen 60% since September and 10%
>since last Wednesday (including an amusing slump and recovery on Thursday
>where investors in the morning thought that laying off staff was bad, and 
>in
>the afternoon thought laying off staff was good)
>
>It appears irrational Qantas should rise on rumours of a Virgin sale.  I 
>can
>only guess that speculators expect that whoever replaces Branson will be
>measurably less competent and hence less of a threat.
>
>Jeremy
>
>
>
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