[LINK] Re: Telstra in the future fund

[Eleanor Lister]

Marghanita da Cruz wrote:
> Jan Whitaker wrote:
>> At 03:25 PM 4/09/2006, Marghanita da Cruz wrote:
>>
>>> > In response to these pressures, the Australian Government 
>>> announced in the 2005-06 Budget that it would create the Future 
>>> Fund, with the defined purpose of accumulating sufficient financial 
>>> assets to offset the Australian Government's unfunded superannuation 
>>> liability by 2020.
>>
>>
>> I'm sure those expecting public service super will be concerned, but 
>> wouldn't it be better to put their investments in growth stocks like 
>> banks, resources, etc? Why would you put it in a capital loss 
>> investment?
>
> ...we could speculate on Link about the value and price of Telstra..but
> would need to be careful to ensure that the speculation is subject to a
> disclaimer that readers should seek their own financial advice (and
> dare I suggest even technological assessment and advice etc etc) as to 
> whether
> they should invest in T3 or when and if to sell down any existing 
> holdings in telstra.
>
> ...even Minister Coonan issued a disclaimer when talking about T3.
>
> M
there's a big punt Telstra is taking, in that they assume that they can 
squeeze that last dollar out of the copper, and stop anyone else going 
fibre first, which they only want to do the minimum spend on, FTTN, so 
they can squeeze that.

if you think this will happen buy T3

if you think, as i do, that the frustrated competitors will offer a 
better quality/price deal than Telstra, then steer clear of T3 as if it 
has plague germs

and new tech like wiMax may make the landline argument moot

i think investing in anyone is a long shot, everyone's guessing, and 
Telstra simply has the biggest market share, which could change.

my money is staying where it is.

*grins*
    EL

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Eleanor Ashley Lister
South Sydney Greens
http://ssg.nsw.greens.org.au
webmistress at ssg.nsw.greens.org.au