| TIP: Click on subject to list as thread! | ANSI |
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| subject: | Austoft AGM |
GC> I see its run back up from around the $1.15 over the past month, and GC> jumped 4c yesterday. Be interesting to see if it can continue to run GC> against the tide, as volume is way down now. I dunno. The reason I posted this info (and some others, maybe) is that info for the smaller stocks is hard to come by, especially if it's outside of your broker's state. I'd like to hear of other companies that readers of this echo may have knowledge of. Went to a free seminar put on by Bains on Thursday. One speaker was Don Stammers, the economist. His guesses for the next year or so included the 10yr bond rate going to 11% and the short term bond rate going to 8-9%. He believes the bond market's fears of inflation are overdone, but we'll have to wait until the high inflation rates don't eventuate and the US growth rates fall before the 10yr bonds fall back. His bets for the next year is that the US economy will slow faster that most believe and the Japanese market will recover much faster than people expect. He also believes the Japanese trade surplus will be pegged back, contrary to people's expectations. For the short term (6 months) he believes resources are the hot spot in the share market, but it will become dangerous after that. He believes industrials will be weak until long term bonds come down again. He believes they're not finished yet in this cycle, with good prices to be achieved over the next 3-4 years. He believes economic conditions are now more like the sixties, with solidly based growth on top of low inflation rates. LM --- Maximus/2 2.01wb* Origin: Soft-Tech, Qld, Australia +61-7-869-1131 (3:640/201) SEEN-BY: 50/99 54/54 620/243 623/630 624/50 640/201 206 207 215 217 238 297 SEEN-BY: 640/299 301 302 305 316 383 452 457 523 556 820 822 823 838 839 937 SEEN-BY: 690/660 711/401 406 409 410 413 430 454 807 808 809 899 934 942 SEEN-BY: 712/623 713/888 800/1 @PATH: 640/201 820 711/409 54/54 711/808 809 934 |
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