Telecom stocks continue to rise in spite of a general fall in equities in 2000. The sector still app...
Telecom stocks continue to rise in spite of a general fall in equities in 2000. The sector still appears to offer meteoric capital appreciation, valuations on stocks are similar but there are differing opinions on which stocks are the most attractive. So far this year the FTSE Eurotop 300 index is down 2%, in euro terms. Over the 52 weeks to 15 February the index rose by 29%. In contrast the telecom services sub-index has advanced by 13.6% since the start of the year and over 52 weeks has increased by 90%. With share prices rising the valuations on the stocks are high with the average tel...
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