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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mark Adams who wrote (91265)6/18/2001 9:16:28 AM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 132070
 
Mark,

I don't know why people don't want to buy OST. It could be because of the political situation . They do have a large holding in a communications company and this could be another reason people are running away from it. Anyway if you look at the chart it is trading at 1990 levels. If the EURO is toast I probably made a bad purchase, I am betting the EURO will increase in value against the USD when they start distribution of the currency. Who knows?????

I am also betting the aussy $ will do better when people start buying natural resource companies. There is a buffer in the AORD since the pension funds in Australia have to invest in Australia and the companies generally do not get real "cheap".

I only have a first third in IAF and OST and I will watch the story close before I buy that 2nd third.

Joan