Forum Archive Index - February 2002

["Andrew Smith" <smith5@free.net.nz>]

I agree Hugh

Some posts ask such basic questions like why is this * share price falling.
When all they have to do is read the paper, turn on the TV or radio an
listen to the news. Or even easier look at the company news releases on the
Intranet which are supplied by most ISP's. An example was a question on
Telecom a couple of days ago, why was the share price falling( I don't think
it got an answer). I don't know about everyone else but it does take time to
answer. So my thoughts are, don't expect answers to questions that have
answered many times in the past. Or to ones that are that blatantly simple
that just a little research could have found the answer.

As for the market, I'm real happy TTP has started to move (very over
weighted) should announce in a few days that it will restore dividends.
Should hit 40 cents in no time at all.

Cheers Andrew
----- Original Message -----
From: "hugh webber" <hugh.webber@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, February 22, 2002 6:55 AM
Subject: Re: [sharechat] AHH no posts , buying time approaching :-)


> The decline and fall of Western Civilisation and Capitilism has often been
predicted, most
> recently by Brezhnev of the Soviet Union and Osama bin Laden of Al Qaeda.
>
> Its interesting that the problems of the NZ education system and NZ
socialism can
> traced within the tirades against the absence of posts on Sharechat
lately.
>
> My view is that we have a relative absence of attractive buying, a
relative absence
> of news and a static sharemarket in price terms which all make for an
absence of
> posts.
>
> To expect to have all, or even any, of one's posts answered by other
independent
> human beings who are not employed by Sharechat is....breathtaking. (I've
had a number of mine not
> answered over the years but I've managed to avoid a nervous breakdown).
>
> It betrays the presence of the Me/Now generation, the spoon fed people.
>
> As a value investor I expect long periods of "nothing" as my investments
quietly continue making
> profits until the next half year report. That's within my parameters and
I'll achieve my major
> objective at the end of next year just by re-investment of profits and new
savings without relying
> on magical performances from gold, ITC, or commodity stocks like Carter
Holt.
>
> Usually the absence of news is filled by a plethora of "technical" posts
and we had that but as the
> NZSE keeps rolling along in a straight line then even the chartists get
bored with projecting more
> of the same.
>
> Its really an attitude problem. People need to make things happen
themselves not rely on others or
> the government.
>
> And if I was going through education in NZ at the moment I'd ditch all the
NZQA approved turn up to
> class and you'll get a certificate stuff in favour of doing the
International Baccalaureate.
> Degrees in maori Myths and Legends, basket weaving, and in being PC just
won't hack it overseas,
> or, increasingly, in NZ in the future. We can't isolate ourselves in a
long white cloud of cotton
> wool.
>
> Get stuck in yourselves.
>
> cheers,
> Hugh
>
>
>
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