Vodafone (VOD) Message Board

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Technology Stocks : Vodafone (VOD)

VOD 12.38

+2.0%

3:59 PM EST

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To: MrGreenJeans who wrote (4)	6/2/1998 5:49:00 PM
From: MrGreenJeans	of 109

Vodafone Part I Vodafone up,HSBC repeats "buy" ahead results LONDON, June 2 (Reuters) - Shares in Vodafone Group Plc (quote from Yahoo! UK & Ireland: VOD.L) jumped in early Tuesday trade as brokerage HSBC Securities reiterated its ''buy'' stance on the mobile phone company ahead of what are widely expected to be a strong set of results. By 0741 GMT the stock was up 13p, or 1.89 percent, at 701 on volume of 467,320. Vodafone has been on HSBC's top ten pick of stocks in Europe for the past year. Healthy domestic and international growth is expected to have generated annual pre-tax profits of at least 20 percent. Analyst are predicting pretax profits for the year in a range of 611 to 681 million pounds -- including a net 10 million exceptional charge -- compared to 539 million a year ago. Vodafone is due to release its year results at 1230 GMT.

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