Forum Archive Index - April 2002

["Viewpoint ." <viewpoint_@hotmail.com>]

Snoopy - the 'gather' was from an article in The Herald. Read somewhere else 
that overall debt has now been reduced to $5.8 billion. Maybe somebody out 
there knows what the story is.

Did you read the article from The Australian that somebody posted on the 
other channel. The link to the original -
http://www.theaustralian.news.com.au/common/story_page/0,5744,4148057%5E643,00.html

The article seems to echo what donkeyboy was saying last week about Theresa. 
Bit of a worry if there is 'discord' between Gattung and other Telecom 
executives.

So there is a review of assets under way. See my $1 billion writedown was 
mentioned in the article. They were also a bit more unkind than I was when 
describing the Telecom balance sheet as 'grossly inflated'

Also in the article mention of bringing in the likes of McKinsey. As the 
article says 'a sign of defeat'.

Snoopy - you have compared Telecom with Air New Zealand as it was a year 
ago. I hadn't thought of it that way but there does seem some chilling 
similarities.

Leave it at that for tonight but would enjoy hearing more from anybody what 
they think.

_________________________________________________________________
Send and receive Hotmail on your mobile device: http://mobile.msn.com


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/