Hi Te Ranginui
Two new issues were announced last
week:
1) Finzsoft
2) Software of Excellence (SoE)
After looking at both companies I have opted for
SoE because they are much more export-focussed and have a more dominant
position in the market, both NZ and UK.
If you can get your hands on SoE I would say go for
it, otherwise Finzsoft is still an option I guess.
At the time of Compass Communications float I
didn't want to be a wet blanket, so I didn't make any comment. But I
was a customer of theirs for 6 months and I was not impressed with this
company. They made a lot of promises they didn't deliver on, and the
quality of some of their phone circuits to Asia was hopeless. Faxes
that were no problem to send via Clear or NewCall were taking 3 times longer
to send via Compass, that is if they got through at all. Circuits were
frequently overloaded. And the quality of Compass Net was very poor
too. Low bandwidth and a lot of packet loss. I4FREE leaves
Compass Net for dead and it don't cost nothin!
You can see by CCG's share price what the market
thinks. I don't see any point in putting money into small boutique
Telco stocks at present. I have way too many NewCall and it doesn't
look pretty...
However it is good to have some exposure to the
larger players in the Telco sector as a whole so I have TEL because
they a now a good yield again, and eventually the price will recover.
TLS is also a good bet I feel, but don't expect too much in the short
term.
There's some feedback for you mate.
Cheers
Grant
Keymer
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