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Technology Stocks : Telecom Eireann (NYSE:EIR) -- Ignore unavailable to you. Want to Upgrade?

To: Geoffrey Murray who wrote (14)	7/21/1999 10:23:00 AM
From: Seamus McKenna	Respond to of 18

Hi Geoffrey, Yes, ESAT uses some of EIR's infrastructure but it is gradually building up its own, particularly in the GSM area where it can relatively easily provide microwave transmitters. It also brought in, just yesterday or the day before, a submarine fibre optic cable for its own use. Please understand that I do not see this and the advent of other providers as bad for EIR - on the contrary, I'm one of those people who believe that competition is vital for EIR's success. It has plenty of resources and strong management. Regards Seamus McKenna

To: Geoffrey Murray who wrote (14)	8/4/1999 10:32:00 PM
From: Teddy	Read Replies (1) \| Respond to of 18

i don't have a clue what this means, but it was in today's The Wall Street Urinal: August 4, 1999 DJ Irish Jan-Jul Exchequer Surplus IEP5.8B Vs IEP1.6B Yr Ago DUBLIN (Dow Jones)--Ireland had an exchequer surplus of 5.8 billion punts ($1=IEP0.65, EUR1=IEP0.7875) in the seven months to July compared with a surplus of IEP1.6 billion a year ago, the Department of Finance said Wednesday. The Department of Finance doesn't provide any explanation with the monthly exchequer figures. But the data show that the government got IEP3.6 billion from the privatization of its 50.1% share in Telecom Eireann PLC (U.EIR), an entry that wasn't made in the corresponding year-earlier period. The finance department said total tax receipts were IEP11.0 billion in the seven-month period compared with IEP9.5 billion a year before. The figures reflect the strong growth in the Irish economy that has boosted government coffers. Ireland's Finance Minister Charlie McCreevy just last month revised upwards the government's exchequer surplus figure for 1999 to IEP1.7 billion after all government spending committments have been met. The Department of Finance is expected to publish its 1999 Review and Outlook either later this week or early next week, which could also give further revisions to government economic forecasts.