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[sharechat] Telecom continues to baffle the 'experts'


From: Patrick Baron <biffacat@yahoo.com>
Date: Sat, 11 May 2002 12:37:28 +1200 (NZST)


Telecom's latest quarterly results yet again are a
demonstration of a well run company enjoying sound,
careful management. One must question if the 'experts'
will finally give Telecom some credit for continuing
to be a consistent good performer for its
shareholders, within a difficult and dynamic
environment. Normally this would lead to a firming of
the share price. Instead we should expect another
panapoly of un-named 'analysts' casting aspersions on
the veracity of Telecom's results. Expect more
exaggerated reports about market calls for major asset
devaluations, (unsubtantiated) reports about the
impending dismissal of certain senior managers, doubts
about whether Telecom will be able to hold onto
certain major accounts, gloomy predictions regarding
Telecom's future performance when it misses out on a
major tender, ad nauseum etc... Perhaps real issue is,
that some of the 'experts' may be having troubling
accepting the premise that one Telco could be getting
it right where others are spectacularly failing. Or
are there other agenda's working here, that perhaps
might desire Telecom's share price to remain
depressed? Lets hope the reason is the latter rather
than the former.  

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