(NZT) (TMX) Buying some cheap telecoms - Telmex and Telecom New Zealand
In this world of a falling dollar I can't help but pick up some high dividend paying low valuation stable earnings oriented telecom companies. I added to my position in Telecom New Zealand (NZT) and I bought back the May 20 strike calls sold agains my small Telmex (TMX) position.Disclosure:I own Telecom New Zealand (NZT) and Telmex (TMX). I am also short jan 2007 - 15 strike puts on TMX. (I'd be very happy to own it at that price.) ...