Forum Archive Index - March 2003

["Shares" <shares@whoami.com>]

Can somebody tell me if there is an antonym for ramping?  This looks like a
blatant case!!!!

----- Original Message -----
From: "Lazy Haggis" <lazyhaggis@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, March 25, 2003 9:34 AM
Subject: [sharechat] SKC Shares Destined to Plummet?


> Sky City Entertainment depends heavily on tourism (particularly from Asia)
> for it's current business success and long-term growth opportunities.
> Clearly there is debate and differing opinions regarding the impact and
> outcome of the deadly mystery pneumonia virus, and the invasion of Iraq by
> the USA-Coalition forces, on how these will effect the SKC share price.
>
> The following details "hot off the press today" helps put the effect on
> tourism into perspective for the time being. If you believe this will be
> short-term then do nothing, otherwise you would be best advised to sell
some
> (if not all) of your SKC shares.
>
> Personally, I expect SKC shares to tumble below the $5.00 mark within a
few
> months.
>
> The Deadly Virus: Airports and airlines around the world have begun
barring
> passengers showing flu-like symptoms. The disease has taken a heavy toll
on
> tourism in parts of Asia. Four more people died in Asia on Monday bringing
> the death toll worldwide to at least 22, with several thousand showing the
> flu-like symptoms. The virus, spread swiftly around the world by air
> travellers, has infected hundreds in Hong Kong, Vietnam, Singapore, Canada
> and Germany. Suspected cases have been reported in the USA, UK, Australia
> and New Zealand.
>
> The Iraq War: Hopes fade for a very short war. Airline shares on a variety
> of exchanges eased significantly. The American Stock Exchange airline
index
> closed down 10 percent on Monday. European airlines shares tumbled on
Monday
> after US led forces met heavier resistance in Iraq, sending oil prices
> higher and carriers braced for war-related losses estimated at up to $10
> billion. Tourism worldwide is expected to be greatly affected.
>
> Terrorism is expected to increase more than tenfold particularly against
the
> USA, UK, and Australian targets worldwide. This will have a major impact
on
> tourism in the months and years to come.
>
> Once again, regarding SKC shares - you have been warned.
>
> Lazy Haggis.
>
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