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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (34621)	7/8/2009 1:37:19 PM
From: Paul Senior	Respond to of 78715

Have not been following VOD. I'm somewhat attuned to VZ because I'm a customer for their services. At current $29 stock price I'll up my few share position now a little. (Stock ex-div today.) finance.yahoo.com

To: Spekulatius who wrote (34621)	12/16/2009 11:37:41 AM
From: E_K_S	Respond to of 78715

RE: VZ In spite of their balance sheet, I started a small position in Verizon Communications Inc. (VZ). I am mainly looking at their 5.7% dividend vs the 1.25% I am now receiving at my credit union. I do think that their wireless franchise is solid. There forward PE is around 13 which is a reasonable price to pay for a growing franchise (especially as the Apple Iphone exclusive deal w/ T ends soon). It seems that everybody has some type of cell phone with large monthly bills (including the revenue streams they generate from texting). I own some AT&T and thought Verizon would make a good addition to provide me some more exposure to the industry. I am not sure what impact the new Google phone will have on the industry. It may just allow VZ to expand their prepaid service offering or even tailor a new type of bundled package that includes their FIOS cable like service. I am targeting a $35.00/share price which is right around their 50wk MA (or about 6% under the MA). T is selling 14% under their 50wk MA which also may present a value opportunity. I now own both with twice as much T vs VZ. Will average into more VZ over time to obtain equal weighting of each that will leave me with a 2% portfolio exposure to this sector. EKS