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Author: ltpj Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 459  
Subject: Re: Latest Developments Date: 5/21/2007 2:47 PM
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The lure of the capital gain (for I bought it after it nose dived), the regulatory adversity, the poor investments in the Australian operations, the inability of management to provide guidance for the next fiscal year, the failure to pay a special dividend from the proceeds of the sale of the yellow pages, last year's dividend reduction and elimination of the special dividend all proved too much for me. So, more then ten days ago I exited NZT.

FWIW, I sold 1/3 of my NZT recently myself. The other 2/3 is in another account and, frankly, it's hanging by a thread as well.

While we're at it, does anyone else wonder why they waited until today to announce the Q3 dividend? It's ex-dividend today in Oz, tomorrow in the US, and next week in NZ. In past they've not waited to such a late hour.

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