Forum Archive Index - November 2002

[prhughes@value.net.nz]

        Snoopy

        Thanks for the info, much appreciated. I could be well out of 
order here, but it amazes me that the same elite are still in charge 
of Telecom, they haven't done very well have they.
        If our largest company is in this situation it doesn't look so 
great for many of the other companies.
        There are a few good ones there I am sure. Methinks Phaedrus 
is spot on, just follow the market and buy and sell when the chart 
indicates so.
        I do not hold any Telecom shares.
        On another tack now. When at the Barber yesterday a fellah 
was reading the Herald business section and remarked that many 
of the Funds were reporting negative gains. I don't know how the 
Fund Managers operate but for professionals they surely should be 
doing better. I read that Tower is our largest fund manager and 
seeing that they seem to have difficulty in managing their own 
affairs, it wouldn't give you much confidence in their ability to 
handle my few dollars safely. They get paid their fees whether they 
win or loose? Sounds iffy to me!

        In USA it seems they have a help line for people wanting to 
know how to prepare and cook a turkey. To me some of the 
questions asked seem hilarious:
        How do you thaw a fresh turkey? another one " How do you 
prepare a turkey for a vegetarian dinner" Surely no one could be 
that .....!   Might be a pun.

 Regards

 Bill

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