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To: TobagoJack who wrote (2936)12/31/1999 12:23:00 AM
From: Taikun  Read Replies (1) | Respond to of 6018
 
OT: Jay, T minus 8 hours here in Sydney where Taikun is researching Aussie Internet stocks and preparing to greet the millenium. Currently 12/31 4:15 PM, most big shops shut at noon, bank lines long and some out of cash (Thomas Cook in Kings Cross) was out of cash at 3pm. No panic, lots of water and canned food in the shops. 1-1.5m people heading to the harbour to watch the extravaganza. My wife's favorite Veuve Cliquot '93 rose champagne is 1/4 the San Francisco price. Internet usage still growing at a 30-40% rate at present (based on AOL, UUNET numbers). Australia has one of the highest cellphone costs in the world (more than Japan and double the US) so Telstra is profitable but who knows how long that will last. General expectations for new internet IPO flotations high, and the papers report strong interest in these Aussie issues from int'l investors.

I am planning my resolutions for 00 and consulting my accountant on my 9984 gains will be top priority.

Less dotcom ads than San Francisco, less people using palm pilots than Tokyo, NY, San Fran, less people on cellphones.
More people at the beach.

Happy Third Millenium to everyone on this thread. Together we have enrichened our lives, and not just in the monetary sense.

Thank you,

Taikun



To: TobagoJack who wrote (2936)3/26/2000 9:43:00 PM
From: astyanax  Read Replies (1) | Respond to of 6018
 
[OT] yeah, several months ago i had a taxi driver mention he bought the tickets.com IPO, and I expressed my condolences. when he found out i analyze stocks, he interrogated me for recommendations. finally, i gave in and said CTXS SFE and PKTR but not to sue me if i'm wrong. Well, he's not driving a taxi anymore if he picked the former two.

As for PKTR, that's segues nicely into what you said about your broker passing along your ideas as his recommendations. well, i certainly wouldn't say my ML broker is following me or anything, but apparently he recommended sftbf to at least another client. nothing wrong with that, i just hope he's not using me as a mindspring because PKTR is the only other one I bought thru him, and it's languished, hope he's not in hot water. i wonder what he'd do if i shorted ML...

- Netconductor.com

>>Jay Chen wrote:
Yesterday, the taxi driver did ask for and accept stock tips from me. Earlier, my 70 year old mom visiting now tried to understand from me what EMC's business was (she does e-mail and surf for info), and my father in-law (who does not use i-net) had bought and mis-sold MYPT, in at 13, out at 25, leaving US$ 500k+ on the table, and he still could not tell me what the company does, nor could he tell me what the closing price is. My office administrator is following my trades, my broker is passing around my trades as his own ideas (ever since my initial lucky (nay, studied) 9984 buy in November of 1998). My neighbor and I talked Golden Power while putting out the garbage, speculated on a joint purchase of the apartment on the third floor of our 3 storey building, and discussed his Malaysian friends wanting to place money with him to speculate with in Hong Kong (free capital movement is so very important to the continued prosperity of our little island). And finally, other asset classes are being talked about in the press as follow-ons to i-net frenzy (recent spat of biotech buzz, etc), and this is inevitable as the maniac fever runs its course, affecting other assets.