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[sharechat] Telecom's back in favour - for now


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 5 Sep 2000 07:18:23 +1200


Interesting to read that with Wall Street closed, telco stocks were very
much back in favour in Europe overnight.

France Telecom, Alcatel, Deutsche Telekom, T-Online, Telecom Italia,
Telefónica and Nokia all recorded strong gains on their home exchanges.

Will these gains rub off on our telco stocks here in Australasia?  With all
the selling that has occurred in TLS and TEL amongst others over the past
week, I'd keep on eye out on this sector today - we may see an improvement.

Best Regards

Benjamin Dutton
(Disc. hold TEL)


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