Vodafone-Airtouch (NYSE: VOD) Message Board

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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 14.65

-6.8%

3:10 PM EST

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To: David Wiggins who wrote (2095)	11/17/1999 7:55:00 AM
From: MrGreenJeans	Read Replies (1) of 3175

Dave The intensity of Vod-Ati leads me to believe they think Mannesmann will add tremendous value to the company. I do not think they will pay any price. I believe a deal with Mannesmann will come at some point. Further, cellular is a cash cow. Yesterday's results make me confident that even paying a high premium for Mannesmann will be recouped by Vod-Ati execution around the world. Profits are extremely strong. Execution of strategy seems to be extremely good. Cellular penetration rates are still relatively low. Years from now the price paid for Mannesmann may well seem like a bargain in retrospect. I am confident any cost paid will be recouped many times over. I will be holding my shares. If not, Vod-Ati buys Telecom Italia Mobile-they capture the Italian market this way and make other plans in Germany independent of Mannesmann and beat Mannesmann on competitive terms in both Italy and Germany.

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