Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (57835)	12/30/2004 8:29:55 AM
From: elmatador	Read Replies (1) of 74559

Shorting telcos? mess with telco at your own peril. telco is a 100+yers old entity. It survived a lot of threats: Mobile, Telecom act of 1996, Internet, unbundling, ADSL. It is going to survive VoIP too. DO NOT SHORT TELCOs Telephone services are regulated. Telcos spend in a single golf tournament an amount that one could build a small VoIp telephony outfit. The senators and politicians that atend it are not going to defend VoIP but POTS (plain old telephone service) providers a.k.a telcos. They just say: lets regulate VoIP because it is a telephone service. That's the end of it. Do not forget that the US is a country that has one of the strongets state in the world. (The free market propaganda is just facade.) It is strong because it has a lot of money to dole out and to influence to where the money goes. And if you have power: You use it!

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