|Fri, 28 Dec 2001 13:04:46 +1300
Hi Ben and Viewpoint,
Hmmm, it could be the kiss of death when brokers start recommending stocks I like :-/ .I agree with Greg that TEL is a good buy - at under $5 (disc. hold TEL), for the long term investor. As viewpoint said, telecommunications paper worldwide has been in decline recently and taken a bashing. However, I heard a rumour a while ago that there was something brewing with telecommunications, technology wise, in the vein of beta vs vhs, and whoever was on the winning side stood to do well.Could be hogwash of course but I will try to find out more.
I will stick my neck out and say that telecom stocks worldwide are a pick of mine for 2002. But, as I think Phaedrus said, it all depends on your risk profile and the time frame in which you operate.
"Socialists maintain that we shouldn't take all the money away from all the people since all the people don't have money. We should only take all the money away from the people who make money." PJ O'Rourke