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Sharemarket Discussion Group Launched On The Web

New Zealand's First Sharemarket Discussion Group Launched On The Web

ShareChat, the first dedicated web-based discussion group for sharemarket investors in New Zealand has been launched. With its web address, http://www.sharechat.co.nz/, ShareChat provides a one-stop financial information source for New Zealanders interested in the sharemarket. It features a live irc channel and also an e-mail forum/mailing list that can be read on the Web.

"ShareChat is a meeting place for investors, a site where ideas, views and news are exchanged," says Benjamin Dutton, ShareChat Managing Director.

"ShareChat also provides links to the major financial news stories of the day, the previous day's sharemarket performance and quotes, links to major financial publications and commentary on markets here and abroad".

"At the moment many New Zealanders are reluctant to invest in the local sharemarket. By providing a common meeting ground for investors, ShareChat will increase people's knowledge and interest in the movements of the markets. By becoming more informed, investors can become more successful."

"Internet chat rooms are extremely popular overseas," says Dutton. "Many Americans use chat rooms as a source of information for their trading. Of course, the Internet is an excellent medium for this. You can have hundreds of people all following a discussion thread and contributing to it."

"As New Zealanders follow the overseas trend toward Internet trading, people will need up-to-the-minute information. Millions of Americans trade daily on the Internet with chat rooms providing a background for their activities. ShareChat will open resources of financial knowledge to a broad range of investors."

'ShareChat will also become a popular site for overseas investors wanting to find out more about the New Zealand market. ShareChat will provide an easy introduction to the workings of the New Zealand market, and no-nonsense opinions of real New Zealanders."

[end]



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