Forum Archive Index - February 2000

["Phyllis Taylor" <phyl@clear.net.nz>]

Please - where is the ITC meeting? -  I an holder but no notification as yet.

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

From: Les Mortimer

To: sharechat@sharechat.co.nz

Sent: Thursday, February 10, 2000 2:34 PM

Subject: [sharechat] ITC graph is forming a upward triangle and FLP for next quarter.

ITC is very close to breaking 80c resistance, Volume volatility has settled down an upward triangle is forming (90% chance of upside breakout) and I note that the options are sought after with increasing volume. With the notified high powered meeting almost upon us together with the resilience of tech stocks overseas and ITC's amazing international connections I believe a upward re rating is immanent.

 

Yes I am a holder of ITC and ITCOD.

 

Please don't start a negative e-stock bun fight just check it out for yourselves.

 

For the next quarter I believe that FLP could be well worth having a nibble at. Why? Because It's been well documented it's going to be the first to leave the Fletcher family and profits are starting to flow in the paper industry (Check out Carters results released today as an example).

 

No I am not a holder of FLP.

 

Regards Les.