Forum Archive Index - September 2003

["Fiona Phibbs" <fibz@xtra.co.nz>]

Your 'talk to the man on the ground' theory makes a lot of sense MacDuck - you can glean lots of useful info on how a company is performing by talking to its workers - but the main thing I think is to use the info to help fill in the big pictures so to speak. Rather than using it as a hard and fast trading rule.  It is amazing what you can find out (only problem is the worker sometimes thinks that you work for the Audit office if you  are not careful with you questioning) - it helped me into STU as well - an ex customer of mine commented on how busy the company seemed to be (he worked for them) in mid 2000 I think and this helped me to make up my mind on buying in - I was researching it and liked the fact that it had low debt and farming was picking up if I remember rightly - but his comments were the thing that tipped the scales.

 

Cheers Dean 

----- Original Message -----

From: Duncan MacGregor

To: sharechat

Sent: Saturday, 13 September 2003 15:29

Subject: [sharechat] wri again by macdunk

 At the risk of being boring I will further comment on the subject, and reply to snoopy and winner 69er.      Snoopy asks about my truck driver theory.    I always ask a crew member about the captain, my theory Is If It Is not a happy ship It ends up on the rocks sooner or later.    A good company Is one where even the tea lady Is enthusiastic, and gets treated by the top dog as an Important part of the operation.    STU Is a classic example I sold out to early on that one .   With Poa Of course It Is overpriced I have sold over half my holding at $8 after buying at $6. 25 exactly one year ago.which Is not to bad considering I sold wri at that time at$1. 30 to buy them.    For future reference I Invested In hire quip at 79c and If the time Is right I might even join snoopy on wri.     The amusing thing I find with the three of us If I can do It In a nice way Is our names.
SNOOPY  WINNER 69  AND MACDUNK
Snoopy first up the old air pilot he Is a hero In all our eyes but never flies with his finger on the ejection button.
Winner 69er cant spell my name keeps calling me macdork what I wonder about Is he Is head or tails? or do I care If you know what I mean, or heaven forbid are you a female? 
            cheers macdunk
PS no offence Intended only a bit of fun.  

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