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(Post 1 of 621)   05/06/1999.21:28:00
Author :
Burbon
Any comments on this counter Wing Tai? Reached $2.34 on 5/5/99. Today fell to a low of $2.24. With the Allgreen IPO trading tommorrow, will we see a rise in this share?? Is it advisable to keep this counter for long term? oldman... and others pls help by commenting. Thanks.

(Post 2 of 621)   08/14/1999.12:49:00
Author :
Warr
WingTai - A bit better-off than Spore Land, but still….
1. ROC of closing back in -ve territory.
1. 9/18days sma speeds downwards, adding to the pressure on the upside.

Bottomline : Unless u expect another 'surprise surge' like that of 28/7/99, do avoid for the time being.
wingtai.roc

(Post 3 of 621)   09/07/1999.18:09:00
Author :
Er
SINGAPORE (AFX-ASIA) - Wing Tai Holdings Ltd is expected to announce a net loss before extraordinaries of about 94-170 mln sgd for the year to June, with further provisions likely to have been made in the second half, analysts said.

According to the latest edition of the Barra Global Estimates directory, the consensus analyst forecast is for a year to June net loss of 149.7 mln sgd.

The company is expected to release its results late next week.

Wing Tai posted a net loss before extraordinaries of 136.03 mln sgd for the year to June 1998, after taking provisions amounting to 257.2 mln sgd for falling values of its development properties and land.

In the first half to December, Wing Tai reported a net loss before extraordinaries of 96.14 mln sgd after making additional provisions of 122.5 mln sgd.

Analysts polled by AFX-Asia expect Wing Tai to at least maintain the provisions it made in the first half and most see further provisions in the second half as likely.

An analyst with a regional brokerage said she expects Wing Tai to post a net loss before extraordinaries of 170 mln sgd.

"The general feeling is they haven't taken enough provisions and they have lagged other property developers in making the necessary provisions," she said.

However, she said she expects Wing Tai to make a smaller provision of around 50 mln sgd in the second half as "residential prices have recovered somewhat."

She is forecasting the company to return to profit in the current financial year, with net profit before extraordinaries of 37 mln sgd.

Prudential-Bache Securities Asia Pacific senior investment analyst Alan Cheong said Wing Tai's results are hard to predict because of the provisions, but said he expects a net loss before extraordinaries of 94 mln sgd if they make additional provisions in the second half for Draycott Park.

Without these provisions, Wing Tai could make a net profit before extraordinaries of 29 mln sgd if it writes back some earlier provisions, he
said.

At the pretax level, he expects profit contributions of 33 mln sgd from Duchess Crest, 17 mln sgd from Sunrise Garden, and around 55 mln sgd from the company's Hong Kong waterfront project.

He said he does not expect any significant contributions from projects such as Blossomvale, Tanah Merah Green and Eastwood Park.

An analyst with another regional brokerage forecasts a net loss before extraordinaries of 138.6 mln sgd.

"They may have to make additional provisions to clean up the balance sheet. But property prices have recovered a fair bit and the additional provisions may be less that earlier thought," he said.

He noted that while other developers such as DBS Land and Keppel Land overprovided earlier, Wing Tai's provisions were moderate in comparison.

"Due to Wing Tai's heavy dependence on development properties to drive earnings, an improvement in the outlook for the group can only come about with a recovering property market," he said.

He added that the Draycott Park and Newton Grove leasehold sites were the biggest possible drag on earnings, with their high purchase price making them the biggest contributors to provisions.

Credit Suisse First Boston analyst Ernest Fong forecasts a net loss before extraordinaries of 138 mln sgd for the year to June.

"It (Wing Tai) will keep the provisions (it made for the first half) for the full year," he said.

At the operating level, Fong expects Wing Tai to post a profit of around 40 mln sgd from profit recognition from residential projects such as Duchess Crest and Sunrise Gardens.

He does not expect provision writebacks anytime soon.

"There will only be writebacks as and when they sell projects," he said.

ah/dmb/mb/as

AFN

(Post 4 of 621)   09/08/1999.10:37:00
Author :
Helen
Hi Er or anyone who can comment,
I bought 20 lots Wing Tai at 1.80 last week. My position is still open. I could contra off and take a loss or pick up the shares....open to either way. How would you see the price of Wing Tai move in the next few weeks?

(Post 5 of 621)   09/08/1999.14:47:00
Author :
Er
Helen,

Sorry, I've stopped tracking Wing Tai for 7-8 mths now, so I'm unable to offer an opinion on this. Just posted the news snippet in case anybody here has any interest in it.

(Post 6 of 621)   09/10/1999.16:18:00
Author :
Eka
Turning BLUE BLACK, got attacked by the polar bears???

(Post 7 of 621)   09/13/1999.18:23:00
Author :
Moneylover
Bought 10 at 1.55, anybody can advise when should I throw?

(Post 8 of 621)   09/16/1999.11:28:00
Author :
Roy
There has been a lot of selling of this counter.
Price has been falling from 1.8 to 1.5.
Does any one the main reason for the heavy selling. Is there possible for a technical rebound?

(Post 9 of 621)   09/16/1999.14:05:00
Author :
Wile
Market rumour of very poor upcoming FY99 result. As there are no details, cannot say whether all that is already factored in the present share price or not. Technicals are very bad. Not worthwhile to pick up for a technical rebound. Just my 2 cents.

(Post 10 of 621)   09/16/1999.14:28:00
Author :
Wile
While RSI is in the oversold area, share price has fallen below the 200 days moving average and broken out of a descending triangle. Unless there is reversal today, otherwise there is a risk of falling to as low as $1.20. Take care.

wingtai

(Post 11 of 621)   09/16/1999.15:35:00
Author :
Roy
Wile,

Thanks. I bought Wing Tai @1.73 (2), 1.63 (2) and 1.55(2) within these two weeks. Do U recommend I hold or cut loss now?

(Post 12 of 621)   09/16/1999.16:10:00
Author :
Helen
Hello Roy,
I came in at $1.80 20 lots, so right now I am down alot. I have decided to hold tight and am prepared to go for a nice long ride down if it should go that way. I am confident that when the market turns around next few months, people would have forgotten the bad news and the price would be back up again. What is not fair is how come FCC also announced poor results and yet its price is not so badly battered. Anyone can throw light on that?

(Post 13 of 621)   09/16/1999.16:41:00
Author :
Wile
Roy,

That is always a difficult question for me to answer. A disciplined TA follower always cut loss when prices fall below their preset support level. I am still learning to be one. In the past I rely more on FA. As I do not follow Wing Tai I am not sure how it stands in terms of FA at the present price level. In fact, almost all property stocks are battered down recently (result of government landsale ?). CityDev also just broke out of the important support at $9.30.

On a wider perspective, it is still a sideways market with a downside bias at the current level. Looking forward, the asian market is recovering. But that is for a longer term and does not answer your immediate question because if prices really drop to the potential $1.20 level, it is a painful further 30 cents for you.

Sorry Roy, I really cannot offer any suggestion for you. Can other forumers help ?

(Post 14 of 621)   09/16/1999.16:45:00
Author :
Upjones
Helen,

I would have closed my position at $1-65 (based on the purchase price of $1-80) and moved on.

Just my thoughts.

(Post 15 of 621)   09/16/1999.17:20:00
Author :
Echo
Helen,

I fully agree with Upjones. U MUST always set a cut-loss point for a stock purchased.

According to Wiliam O'Neil:
"A good way to ensure miserable result is to buy on the way down in price; a declining stock seems a real bargain ços it's cheaper than it was a few months earlier...."

Just ask yourself, how many times hv u benefit from "averaging down"? Once in a while, u make a little profit from a rebound, most of d time u are stuck for a long time. I believe that most forumers will b glad to share some of their many real life eg.

Having said that, sometimes I "average down" too; whenever my heart rule over my mind & whenever I refuse to admit that I bot d WRONG counter! Sad to say, most of d time result is... 8-(

Sorry to upset u, but these are facts. I've paid quite some $ to learn this. 8-)

Happy Trading...

(Post 16 of 621)   09/16/1999.18:24:00
Author :
Upjones
Roy

I didn't read your earlier posting. Looks like you succumbed to the temptation of averaging down, having purchased your first tranche at $1-73 and third tranche at $1-55. To me, this is a very dangerous course of action to take.

There is always a spurt of interest in a counter whenever the price breaks through its support level. One must be mindful that in a downtrend, the previous support may turn out to be a new resistence, and the story goes on. It would follow that a mistake can be made in the first instance by erroneous timing of the entry (usually committed in haste).

Once you realise you are in that situation, it is unlikely that you will be able to exit unscathed. The question then remains: How deep a wound can you sustain? Do the sums, and then decide (don't forget to factor in the brokerage). This is commonly known as "stop loss".

A stop loss has several vital features:

(1) It ensures your liquidity in terms of maximum loss;

(2) Beyond this stop-loss, it is very unlikely that the price will return to what you bought in;

(3) It gives you the opportunity to return to the arena.

The last consideration brings me to the next point. I am strongly against the principle of averaging downwards. To me, it is really a matter of mathematics. If I were to apply the stop-loss principle rigidly (without any emotions attached), there is really nothing to prevent me from going back in the counter again, once I have detected the proper momentum of its price movement.

Of course there is a possibility that the counter may move back up after you apply stop-loss. In my experience, that possibility is remote, but if in the event that happens, never look back in regret. Instead, congratulate yourself for your discipline and move on.

Admittedly, it may sound to be easier said than done. I have on occasions come face-to-face with having to apply that principle myself, but I have never allowed my emotions to come into the way of things.

Back to your question: I would unload at $1-50 and never look back.

Godspeed.

(Post 17 of 621)   09/16/1999.21:14:00
Author :
Paladin
Hi,I am quite new here. Here are my two cents worth concerning Averaging Down. I think it is important to know where we are coming from. If you are a fundamental value investor who believes in investing in great companies whose share price is below its value (superior management, earnings, unrivalled business franchise, etc), one should buy more of it when the share price goes down. As W.E.B. said once, Load up on great companies when they undergo a temporary glitch (nb: operating word is GREAT). Because Great companies always bounce back, not immediately, but they always do.

On the other hand, it can be quite dangerous trying to average down on an average , so so company, especially one with alot of debt, because sometimes they take a long time to recover, if they ever do.

Having said that, there are very few Great companies in the stock market. Wing Tai cannot be called a great company but it's not a lousy company either. So one has to do some research and decide rationally whether you should put more funds into it .

Hope this helps.

(Post 18 of 621)   09/16/1999.22:28:00
Author :
Helen
Hi Upjones and Echo and Paladin,
Thanks for your views...Echo, don't worry, you have not upsetted me...I appreciate that both you and Upjones mean well. Now, I am a little confused and need to do some sums before I decide anything else. Paladin thanks for your view too..I am of the same view as you but admit I have not done enough homework. Will write again to keep you posted of my next move and my reasons for it.

(Post 19 of 621)   09/17/1999.00:50:00
Author :
Lion
Wile, will be back 29 to join u in all the TA.
Will probably staying awake whole 9 long to do on TA & my homework.

and 1st in all, Wing Tai in a later posting.

Rdgs (from warr)

(Post 20 of 621)   09/17/1999.02:00:00
Author :
Lion
Wing Tai - symmetric ?
1. Fallen off symmetric pattern since 3/9/99 - tgt 40cents down from brk-off level (approx. $1.40)
2. A further downtrend channel established (BLUE), it has even fail to withhold the knee-jerk reaction low level of $1.53 [7/4/99].
3. With all 9/18days wma, 30/50days sma in a smooth bad downtrend, a recovery towards $1.60 in the short-term looks impossible (I would consider since a fall below the indicated $1.53 , this will turn to be the major resist on a pulback, if there is).

Support - $1.40 (weak) / Resist - $1.53 (major)
wingtai

(Post 21 of 621)   09/17/1999.02:00:00
Author :
Lion
Wing Tai - symmetric ?
1. Fallen off symmetric pattern since 3/9/99 - tgt 40cents down from brk-off level (approx. $1.40)
2. A further downtrend channel established (BLUE), it has even fail to withhold the knee-jerk reaction low level of $1.53 [7/4/99].
3. With all 9/18days wma, 30/50days sma in a smooth bad downtrend, a recovery towards $1.60 in the short-term looks impossible (I would consider since a fall below the indicated $1.53 , this will turn to be the major resist on a pulback, if there is).

Support - $1.40 (weak) / Resist - $1.53 (major)
wingtai

(Post 22 of 621)   09/17/1999.10:40:00
Author :
Roy
Hi all,

Thanks for all your valuable views and advice. I have not really decided what my next actions. Most probably will try to unload some today.

(Post 23 of 621)   09/18/1999.15:34:00
Author :
Helen
I have decided to keep all my Wing Tai shares and was cheered to read Retro's posting on 18/9 that Wing Tai is still a recommended buy by analysts.
Part of my reason is that I don't`have a lot of time to monitor. So I really don't mind holding the shares for a couple of months. I am also not very good at picking winning shares yet and if I sold, take the loss and then buy into something else, there is no gaurantee that the price of the new shares that I pick won't go down too. Wing Tai has already gone down a lot, because of all the rumours of poor results. I think the bad news is already built into the last closing price of $1.52. Until I am better at choosing which shares to invest in, I shall just stay put. Regarding TA, I only roughly know that if the RSI is below 30%, it indicates a buy and if the red line meets the blue line on the way up (MACD), it also indicates a buy. So if I am not wrong, Wing TAi's RSI is a buy; it's MACD, don't know, can anyone explain?

I would like to hear from more experienced investors whether my reasons are good enough reasons for holding on to the shares...Echo, Upjones, how would you assess the situation in view of Retro's posting?

(Post 24 of 621)   09/18/1999.15:36:00
Author :
Helen
I have decided to keep all my Wing Tai shares and was cheered to read Retro's posting on 18/9 that Wing Tai is still a recommended buy by analysts.
Part of my reason is that I don't`have a lot of time to monitor. So I really don't mind holding the shares for a couple of months. I am also not very good at picking winning shares yet and if I sold, take the loss and then buy into something else, there is no gaurantee that the price of the new shares that I pick won't go down too. Wing Tai has already gone down a lot, because of all the rumours of poor results. I think the bad news is already built into the last closing price of $1.52. Until I am better at choosing which shares to invest in, I shall just stay put. Regarding TA, I only roughly know that if the RSI is below 30%, it indicates a buy and if the red line meets the blue line on the way up (MACD), it also indicates a buy. So if I am not wrong, Wing TAi's RSI is a buy; it's MACD, don't know, can anyone explain?

I would like to hear from more experienced investors whether my reasons are good enough reasons for holding on to the shares...Echo, Upjones, how would you assess the situation in view of Retro's posting?

(Post 25 of 621)   09/18/1999.19:34:00
Author :
Upjones
Helen

I have read your posting and I respect your decision. There is really no right or wrong answer in the Market.

All you have to do is to go to the other sites like DBS or Stocktalk or FISH forum, and you will soon be able to detect 2 distinct schools. One will shout "UP, UP, UP!!!", and the other will scream "DOWN, PLUNGE, CRASH", and when the Index goes one way or the other the next day, the "correct" group will pronounce "See, I TOLD YOU!"

Worse of all, they will then recommend a stock to buy, and many (I fear) may simply follow, just because they hit the 1 in 2 chance of getting it right on the movement of the Index.

I take your point about not being able to follow the market constantly. Let's put it this way, regardless of whatever counter you may be holding, it will certainly move up in a year's time. No doubt about that one!

I wish you godspeed.

(Post 26 of 621)   09/22/1999.10:27:00
Author :
Eka
STOCKWATCH: Wing Tai firmer, off lows after full year results


SINGAPORE (AFX-ASIA) - Wing Tai Holdings Ltd shares were slightly higher against a weaker market, recovering from earlier lows after reporting full year results that were largely in line with expectations, dealers said.
Wing Tai said yesterday its net loss before extraordinaries fell to 124.0 mln sgd in the year to June from 136.03 mln.
At 10:15 am, Wing Tai was up 0.04 at 1.50 sgd, off a low of 1.44 sgd, on 691,000 shares.
The Straits Times index was down 25.02 points at 2,084.02.
JM Sassoon Securities analyst Yeow Kit Peng said Wing Tai's results were much better than the 170 mln loss she had expected, which did not take into
account the provision writebacks.
Wing Tai wrote-back some 20.20 mln sgd of the 122.50 mln provisions made for development properties in its first half to Dec 1998.
Yeow said she expects Wing Tai to return to profitability in the current year to June as it continues to writeback provisions and launch new projects that are profitable based on improved property prices.
She said she has raised her year to June net profit estimate to 75 mln sgd from 37 mln, with 96 mln the following year.
Wing Tai could book at least 20-30 pct of two residential projects -- in Tomlinson Road and Bukit Timah Road -- in the current year, she said,
adding: "These projects are profitable when launched at current prices."
She said Wing Tai's waterfront project in Hong Kong will also contribute to the group's profitability this year, with prices of units that have been sold in the initial phase at above break-even.
more
jb/bmm
AFN

(Post 27 of 621)   09/23/1999.12:50:00
Author :
Echo
Helen,

GOOD NEWS! More houses, like LumChang & Sassy are calling for BUY.

Regarding d decision to Sell/Hold, below is my personal view for your ref. It depends on many factors, incl. holding power, investment strategy(long/mid/short term), willingness to take risk, etc. That results in trades: one buys & another sells! In your case, since u hv d holding power & u not trading actively, holding should be ok. Btw, cut loss is normally done at -10% to -20%.

Regarding TA, I'm still green & in no postion to to explain. U really makes me "shou4 chong3 ruo4 Jing1". 8-)

=====
From Sassy(09/22)... fyi

WING TAI HOLDINGS BUY
FY99 FINAL RESULTS S$1.46
Performance: Above expectations Forecasts: Upgraded

REVIEW
a S$136m loss in FY98, Wing Tai lost another S$124m in FY99 with S$122.5m
of the loss coming from further provisions for potential development losses
(FY98: S$258.3m). A writeback of S$103m for projects already sold lessened
the losses in FY99. They included Eastwood Park (100% sold), Sunrise Ave
(100%), Tanah Merah Green (100%) and Burlington Square (retail: 80%).

Excluding provisions and writebacks in FY98 and FY99, Wing Tai’s earnings
showed a fall of 144%, development profits from Oleander Towers (318-unit
condo in Toa Payoh) and Blossomvale (220-unit condo in Dunearn Road)
dwindled. Further, it did not launch any profitable projects during the
year.

Losses were also intensified by a 83% jump in interest expense to S$84m,
the result of (1) interest costs for loss-making projects in Singapore that
were suspended being expensed instead of capitalised and (2) high
borrowings of S$1.6b (FY98: S$1.9b), representing a gearing of 1.05x (FY98:
1.18x). Book NTA fell 15% from S$2.07 per share to S$1.75.

OUTLOOK
In Singapore, Wing Tai has enough land to build and sell 1,580 condo units
in prime Bukit Timah and Orchard Road. After net provisions of S$277m in
FY98 and FY99, we expect previously loss-making development sites to have a
lower breakeven: S$1,000 psf for Newton,
S$1,400 psf for Draycott and S$1,100 psf for the Cairnhill and Cockpit
redevelopment. They could generate total pre-tax profits of S$390m.

Earnings are expected to turn around in FY2000 and FY2001, assuming no
further provisions and the launch of The Tessarina (ex-Rothmans site;
443-unit condo) and Tomlinson Mansion (29-unit condo in Cuscaden). A 30%
owned 1,288-unit condo project in Kowloon, HK is also expected to turn in a
pretax contribution of S$43m. Phase 1 (700 units) is 80% sold at an average
of >HK$7,000 psf, 17% higher than breakeven of HK$6,000 psf. Phase 2
(remaining 588 units) is ex-pected to be launched at higher prices given
their bet-ter facing. Phase 1 is expected to be completed in 2H2000.

At S$1.47, Wing Tai is trading at a 33% discount to RNAV of S$2.20 and
prospective PERs of 10-12x.
=====

(Post 28 of 621)   09/23/1999.13:42:00
Author :
Mccool
You can add OCBC Securities as well for the BUY on Wing Tai.

(Post 29 of 621)   09/23/1999.16:28:00
Author :
Kopisi
More +ve report...

WDR says Wing Tai looking very undervalued

Singapore, Sep 22 -- Although Wing Tai's FY99 net profit of $130 million was worse than Warburg Dillon Read's estimate of $109 millon, the brokerage has maintained its Buy recommendation on the property stock.

WDR says that it does not expect any near term positive for Wing Tai as it is likely to suffer from a dearth of developments. However, at its current price, the stock and is looking very undervalued as it is trading at a 41 percent discount to its RNAV of $2.51 and, is at the bottom of its historical trading band.

(Post 30 of 621)   09/25/1999.01:26:00
Author :
Helen
Hello Echo, Upjones, McCool, Kopisis. Thanks for your posting on Wing Tai. The buy recommendations for Wing Tai by securities houses is most comforting in this difficult time when one has no idea where the market is going to head. At least I know I have one counter that could bring me good news later on :)

At this time, the best thing to do is take a break and concentrate on other things...my broker will call me when the market suddenly runs up. In the meantime, I continue to read and hope to learn from more experienced people, like many of the forumers here. I am reading a book, just for fun, titled Market Wizards. The writer interviewed and wrote of the many experiences of America's top traders in securities, commodities and futures and I have learned something very useful; even the top and most active trader in the States do stay sidelined for up to 2 months, if the market situation is not right; and even the very best and the very experienced get emotionally upset by their trades....I thought all good traders have to be damn cool.

Echo, your hanyu pinyin is too chim for me..don't understand, got F9 for Chinese. Anyway, thanks for the posting by sassy....Goodnite :))

(Post 31 of 621)   09/25/1999.08:37:00
Author :
Mccool
Hello, and you're welcome.

Rgds

(Post 32 of 621)   09/25/1999.09:23:00
Author :
Kind_doctor
Helen wrote:

"even the top and most active trader in the States do stay sidelined for up to 2 months, if the market situation is not right"

In Medicine we call this "Masterly Inactivity".

(Post 33 of 621)   09/25/1999.12:17:00
Author :
Mdfali
Lion, would appreciate if you could provide us the latest chart for Wing Tai. It looks very attractive.

Thansk in advance.

(Post 34 of 621)   09/25/1999.13:56:00
Author :
Lion
Mdfali, will reply u late in the afternoon or 29.

Rdgs (currently preparing some charts)

(Post 35 of 621)   09/25/1999.17:05:00
Author :
Upjones
Helen wrote:

"even the top and most active trader in the States do stay sidelined for up to 2 months, if the market situation is not right"

Kind_Doctor wrote:

"In Medicine we call this "Masterly Inactivity""

In Zoology, we call this "Hybernation", and in fact, I call it "Comatose"

(Post 36 of 621)   09/25/1999.17:31:00
Author :
Mccool
A farmer in temperate climates probably would be able to relate very well to this phenomenon.

Unfortunately, markets are less predictable than the four seasons.

Sigh...

(Post 37 of 621)   09/25/1999.18:06:00
Author :
Lion
wingtai
1. RSI(14days) in rather oversold region.
2. Trading volume started to creep up over past 3 wks.
- 3407lots for wk ended 3/9
- 17873lots for wk ended 10/9
- 14064lots for wk ended 17/9
- 15148lots for wk ended 24/9
3. Having white-washed from a high of $2.69 [24/6] to current low of $1.39 - a huge 48% loss.
4. Friday's closing - a test of last mentioned $1.40 support.

Resist - approx $1.65 (can't think of any support)
(regards 1st entry for bottom searcher)

(Post 38 of 621)   09/26/1999.10:03:00
Author :
Helen
Since I have consumed enough for the next season, I shall practice masterly inactivity till my whole system slowsss dowwwnnnn. Then I shall
continue my hybernation, allowing the body to repair from strains and stress. In this comatose state, I will remain peacful even if the world should fall apart and when I eventually awake, the sun will be shining again, let's hope.

(Post 39 of 621)   09/26/1999.10:05:00
Author :
Helen
Since I have consumed enough for the next season, I shall practice masterly inactivity till my whole system slowsss dowwwnnnn. Then I shall
continue my hybernation, allowing the body to repair from strains and stress. In this comatose state, I will remain peacful even if the world should fall apart and when I eventually awake, the sun will be shining again, let's hope.

(Post 40 of 621)   09/26/1999.10:06:00
Author :
Helen
Oooops really sorry for the repeat posting. Oldman, I didn't think I got through the first one. Sorry, sorry.

(Post 41 of 621)   09/26/1999.10:10:00
Author :
Helen
Oh by the way, is it bulls that go into hybenation or is it bears? Oh no, hope bulls don't go into hybernation......

(Post 42 of 621)   09/26/1999.10:27:00
Author :
Upjones
Helen

I see you have a way with words.......wunderba!

(Post 43 of 621)   09/26/1999.15:49:00
Author :
Paladin
Hello all:

Further to what was said about inactivity, here's one from the great master himself (W.E.B.):

"We continue to make more money when snoring than when active...Inactivity strikes us as intelligent behaviour..."

- in a recent letter to his shareholders (Berkshire H.)

(Post 44 of 621)   09/26/1999.16:20:00
Author :
Mccool
Wunderbar (the correct spelling?)

Wunderbra (when misspelt, an uplifting device. Can someone clarify if misspelt has one 's' or two?)

(Post 45 of 621)   09/26/1999.17:14:00
Author :
Upjones
Yes, looking at it again, I think it should be spelt w-u-n-d-e-r-b-a-r - any Germans out there who can help clarify?

Talking about wonderbra, I bet a new product like that will serve to uplift the price of its company's shares. Pity Waccaol ( I stand corrected on its spelling) is not listed (here?)

(Post 46 of 621)   09/26/1999.17:23:00
Author :
Oldman
McCool, right spelling for wonderful.

http://www.angelfire.com/de2/wunderbardeutsch/index.html

(Post 47 of 621)   09/26/1999.17:25:00
Author :
Oldman
Sorry wrong link. This is the one for the German - English dictionary.
http://dictionaries.travlang.com/GermanEnglish/dict.cgi?query=wunderbar&max=50

(Post 48 of 621)   09/26/1999.17:29:00
Author :
Mccool
Oldman and Upjones,

Good to share a few light moments together talking about language and wunderbar!

Cheers

(Post 49 of 621)   09/26/1999.21:11:00
Author :
Helen
Gentlemen,
Your knowledge in the woman's department need to be uplifted. So allow me this one last diversion (since it's still Sunday). Upjones, for your information, the uplifting device you mentioned was originated by Triump International, an American company. In the States, the device didn't take off that well as it could not compete with nature's ample endowment and other more permanent enhancement contraption (such as what Dolly Parton and Pamela Anderson were once filled with). Anyway, when the device found its way to Asia, it was quickly embraced by the Japanese (Wacoal - one c - is from Japan). They were truly amazed that the idea never cross their mind, given the dismally flat state of things and the need to do something about it. So Triumph originated an ingenious device that filled the needs of Asian women and quickly and literally became their bosom friends. Wacoal got to benefit from it.

Now which company's shares would you buy? Triumph or Wacoal?
Tell me how you guys decide and maybe, just maybe, I will tell you how women decide..:) :)

(Post 50 of 621)   09/26/1999.22:34:00
Author :
Mccool
Good piece, (our well-travelled) Helen

Which goes to show that you can write a marketing / biz strategy thesis about anything under the sun and get your MBA.

Budding MBA students, do take note.


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