Forum Archive Index - April 2003

["Allan Potts" <ajp7079@excite.com>]

Robin,

I think a more appropriate question  is whether those making the predictions 
are willing to SHORT SKC at current levels in hope of buying them back at $5.00 
or less.  That would be a really true test of their conviction.

Allan




 --- On Sat 04/26, Robin Benson < rob@hammerheadmedia.co.uk > wrote:
From: Robin Benson [mailto: rob@hammerheadmedia.co.uk]
To: sharechat@sharechat.co.nz
Date: Sat, 26 Apr 2003 17:28:59 +0100
Subject: Re: [sharechat] SARS, Casinos and SKC

Are those making the predictions making a firm offer to sell x shares <br>at 
that level at a specific point in time later this year?<br><br>If not, why not? 
:O)<br><br>Here are some predictions as useful as the one below: this year, the 
<br>NZSE-50 will rise and fall (although not necessarily in that order). 
<br>Some days it will rain, other days will be wonderfully cloud-free and 
<br>dry (again, order may vary).<br><br>Cheers<br><br>Robin<br><br>On Saturday, 
Apr 26, 2003, at 16:24 Europe/London, Lazy Haggis wrote:<br><br>> The following 
extracts from The Weekend Australian may be of interest <br>> to SKC 
shareholders. SKC is predicted to fall to around $5.00 later <br>> this year. 
Get ready to sell your shares!<br>><br>> Some extracts from The Weekend 
Australian ...<br>><br>> THE outbreak of severe acute respiratory syndrome is 
biting into the <br>> earnings of Australian casinos that cater to Asian 
high-roller <br>> gamblers.<br>> Casinos on the Gold Coast, and in Perth and
  Melbourne report fewer <br>> international patrons since the advent of 
SARS.<br>> Asia is the major source of the big-spending high-rollers.<br>> As 
casinos grapple with the prospect of fewer Asian patrons for weeks <br>> to 
come, the domestic custom they were relying to help stem some of <br>> the 
losses is also under threat.<br>><br>> Many stocks are likely to be devastated 
by the effects of SARS, but <br>> fortunately gold is nicely upward bound once 
again.<br>><br>> Good luck to everyone.<br>><br>> Lazy 
Haggis<br><br><br>----------------------------------------------------------------------------<br>To
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