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Re: [sharechat] Wringing Telecom

From:	James Maxwell <jcmaxwellnz@yahoo.com>
Date:	Tue, 3 Oct 2000 00:03:55 -0700 (PDT)

Telecom has further to fall.

Market will settle when tel can pay a 6% dividend. 
Current earnings says that's about 560c.

But tel's bottom line next year will be worse than
this year.  500c - 520c is a better price estimate in
short term.

Look at the market.  Big money is creaming small
players by taking tel up and down like a roller
coaster.  Tel will go down further, line up more
small- players and hammer them again as it falls
again.  Just watch it happen in coming weeks.  You
have been warned!!!!

Disc:  Not holding tel nor been creamed!

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