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[sharechat] 'Cheap shares'

From:	"Peter" <pmaiden@today.com.au>
Date:	Fri, 28 Dec 2001 15:41:09 +1300

I make no judgement as to whether TEL is cheap or not. 

All I know is that Australians have a different view on TEL progress 
in that country compared to how we perceive progress. The feedback i 
get confirms what Ben alluded to earlier in that AAPT isn't going 
exactly to plan. In addition the TEL relationship with Hutchison 
seems fraught with problems.

However back to 'cheap' shares (and totally unrelated to TEL) this 
 from Jeff Opdyke in the Wall Street Journal 'While a stock-market 
decline is painful for everybody, younger people saving for 
retirement actually benefit because they can buy shares cheaper."

As Ben said earlier TEL shares are possibly cheap at $5.00 because 
they are cheaper than when they were at $6.50 or $9.00.

Maybe a urgent call should come out from Dr Cullen for all younger 
New Zealanders to go out and buy these cheap shares so you have more 
to retire on. 

Cheers

Peter



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