Forum Archive Index - December 1999

[Michael Sprott <MSPROTT@clear.co.nz>]

There are many reasons why companies should be happy to run at a loss for
several years. Their shareholders certainly have deep pockets but simply as
a Telco and ISP there is no justifiable reason to lay fibre based on the
five year returns they are likely to return. As a shareholder how long
should you expected to invest money in a company before you expect to
receive a return? 5 years seems to me to be on the long side.

My suspicions looking at overseas trends in the cable industry is they are
looking to realise gains through a sale to a likely suitor (eg Worldcom)
through the strategic worth of the company not through the companies future
earnings capability.

I still maintain that wireless access will be the medium of the medium
future.

> -----Original Message-----
> From: hugh webber [SMTP:hugh.webber@clear.net.nz]
> Sent: Tuesday, December 21, 1999 2:03 PM
> To:   sharechat@sharechat.co.nz
> Subject:      RE: [sharechat] Re: ARM & technological progress
> 
> mmm, but the beat goes on. Saturn is about to attack Auckland or Chch
> having done Wgtn (and above ground fibre optic cable is much cheaper than
> underground); there are increasing numbers of inner city apartments and
> the
> wealthier suburbs will be next on the list after the inner city. I don't
> think you're looking far enough ahead.
> 
> 
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