Vodafone-Airtouch (NYSE: VOD) Message Board

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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 13.10

+0.3%

9:30 AM EST

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To: Paul Smith who wrote (3108)	3/15/2001 10:47:06 AM
From: MrGreenJeans	Read Replies (1) of 3175

Now, the future is Vodafone Neil Hume Thursday March 15, 2001 The Guardian The vast majority of analysts do not give positive recommendations and outlandish target prices on Vodafone just because it is the world's most powerful mobile phone company. With telecom stocks around the world being shunned by investors yesterday, Vodafone emerged with a slender gain (up 3.25p to 202.25p) after revealing it is on target to meet the City's earnings forecasts. The company also admitted that figures showing two-thirds of Britain's owned a handset might have been overstated. Nevertheless, a jittery market was more interested in Vodafone's expectation of delivering "mobile proportionate [earnings before interest, tax, depreciation and amortisation] growth of 25% in this financial year" and "further significant progress" in 2002. Translated, this means Vodafone will meet its forecasts this year and is confident of repeating the trick next. "Vodafone is confident about the future, something most other highly rated stocks are not," said Andrew Beale, telecoms analyst at Deutsche Bank. "That in itself is a cause for celebration in a very uncertain world."

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