Ext User(Alan Parkington)
18-09-2008, 07:20 AM
From
http://www.manlydaily.com.au/article/2008/06/11/10557_news_feature.html
11 June 2008
TELSTRA is over the hump and a buy. Back in July 1996, when the final 50.4
per cent tranche of the CBA was privatised, after the final CBA instalment
receipts dividend was paid the receipts were sold down by investors who did
not want to pay the final instalment. This badly affected the share price of
CBA shares.
Private investors sold down and institutions bought, giving them, over time,
a huge win.
In contrast, the Telstra share price has held up remarkably well and could
now rise. Recently there has been a substantial take-up of wireless
broadband across the telecoms spectrum. Telstra has particularly benefited
because it has a king share of the high-value end of corporate and consumer
markets.
It also has the advantage over its competition with the national coverage of
its Next-G network.
If Telstra can win the Federal Government's $4billion broadband contract it
will be home and hosed.
http://www.manlydaily.com.au/article/2008/06/11/10557_news_feature.html
11 June 2008
TELSTRA is over the hump and a buy. Back in July 1996, when the final 50.4
per cent tranche of the CBA was privatised, after the final CBA instalment
receipts dividend was paid the receipts were sold down by investors who did
not want to pay the final instalment. This badly affected the share price of
CBA shares.
Private investors sold down and institutions bought, giving them, over time,
a huge win.
In contrast, the Telstra share price has held up remarkably well and could
now rise. Recently there has been a substantial take-up of wireless
broadband across the telecoms spectrum. Telstra has particularly benefited
because it has a king share of the high-value end of corporate and consumer
markets.
It also has the advantage over its competition with the national coverage of
its Next-G network.
If Telstra can win the Federal Government's $4billion broadband contract it
will be home and hosed.