Forum Archive Index - August 2000

["Mark Hubbard" <mhubbard@es.co.nz>]

----- Original Message -----
From: Nick Kearney <nk@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: 16 August 2000 9:15 PM
Subject: Re: [sharechat] TEL Drops Dividend


> Tardy reply
>
> Me thinks it is good.  US companies have the same philosophy and grow
> their businesses which is what TEl needs to do.


Yes, I would far rather have capital growth than dividends, however, my
problem with TEL hasn't changed - what real growth (double digit?) does it
have?  TLS, in my mind, now with a big foot print into Asia through Pacific
Century Cyber Works, still seems the much better share in terms of
potential. (I also note that TLS picked up a lot of the TEL money today).

Disc. Own TLS


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