Forum Archive Index - December 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

Part of the problem is that many older people have switched to interest rates. They have done well but in the meantime, they feel perhaps that there is no need to talk about shares.

 

I have always encouraged people to invest in Australian stocks; let us admit it, one could have foreseen the eventual demise of the NZSE long ago.

 

Sure, it will continue in a minor role but there is not enough choice left for the investor. And one can't force him/her to pay high prices, simply because these are NZ stocks! 

 

Globalisation is but one of the factors contributing to that. Bad management making it a habit of making wrong key decisions, is another. And the NZSE is now under close scrutiny by the Government!

 

Most countries understand the phrase: "Take over or be taken over". That is the nature of economic warfare.

 

That in turn will also force chat sites to concentrate on NZ stocks of lesser or no value.  

 

The introduction of Australian and other stocks to the forums should therefore be welcomed, not only because they serve as a replacement for NZ stocks lost, but it is obvious that we can't live in isolation.

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I have additional business commitments and won't be able to contribute to the Forum  from now on save for paying attention to the LTI series. This requires little time, anyway.

 

There are people who have been following some of my recommendations (I wish that CLI would make up its mind!). 

 

I shall continue contributing to those few relevant Australian message boards, whenever I can find the time.

 

But for further recommendations on Australian stocks, you will need to access this site:

http://www.ozestock.com.au/MessageBoard.asp?Action=ListBySymbol&Symbol=PTD

 

It is possible that I may recommend a stock in one of my posts on that site ( At present, recommendations will be few ). Obviously, you buy at your own risk!  

 

Thank you Sharechat for having given me the opportunity to express my thoughts!

 

And special thanks to those contributors who continue posting to the Forum!

 

And readers, start posting!

 

Gerry