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Re: [sharechat] TLS

From: "" <>
Date: Tue, 23 Mar 2004 23:23:39 +1200

Hi winner69,

>The magical support price of 467 for TLS (on the ASX) has been 
>on the downside.
>All the talk about TLS paying too much for Trading Post, talk of
>another cash bailout of Reach and now ACCC action seems all too 
>for many ... including many instos lessening their positions.
>Maybe a 2 day aberration but the range TLS was trading in as been
>broken - not good news if it lasts so I may have to bail out of that
>'safe bet' eh Snoopy

There is no such thing as a 'safe short term bet' in the sharemarket 
Winner.   I have read the bad news, but as Buffett would say.

"It looks like a bit of a sideshow."

Telstra has plenty of cash.  That's why they just upped the interim 
dividend.  The money is there should any of the 'side shows' need 
bailing out.

>One consolation for many is that TLS has hardly been cheaper .... go
>on, have a go and get that price up again tomorrow morning so I can
>stay in.
>Otherwise selling out and hoping to buy back in the 420's

TLS has just gone ex a 13c dividend Winner .  (Ex dividend trading 
commences 22nd March).  Possibly that has something to do with the 
share price fall.


Message sent by Snoopy 
on Pegasus Mail version 4.02
"You can tell me I'm wrong twice, 
but that still only makes me wrong once."

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