Forum Archive Index - July 2002

["John Wedde" <John.Wedde@weltec.ac.nz>]

Thanks Snoopy and Taidjekhan for that feedback.

I did subscribe to WFD as a long term move, based on the assumptions
that the population is aging [baby boomers getting old, including me!!]
and also that the public health system seems to becoming increasingly
run down and more and more people may have to use private hospitals. I
still believe these things to be true.

What I didn't account for however were the downgraded profit forecasts
and the sell down by original shareholders when WFD first went public.
I'm wiser now and stayed well away from Vertex for this reason!!
   
Taidjekhan, I'm not thinking that WFD has bottomed and its time to pick
up 
a few more, but for the present anyway, for my original reasons, I'll
hang in.   

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