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US broker bullish on Eircom

ganam · 2005-02-06 22:12:53

Short story in today's Tribune and reference to a research note on Eircom issued last week by Lehman Brothers. The note suggests Eircom's share price could grow by 30% above the current price. This bullishness is based on more job cuts, a growth in broadband subscribers and.... "a not over-aggressive regulator". The US…

06-02-2005 10:12pm

#1

ganam

Closed Accounts Posts: 20 ✭

Join Date: April 2002

Posts: 14

Short story in today's Tribune and reference to a research note on Eircom issued last week by Lehman Brothers.

The note suggests Eircom's share price could grow by 30% above the current price. This bullishness is based on more job cuts, a growth in broadband subscribers and....

"a not over-aggressive regulator".

The US brokerage also notes that Eircom operates in a market more "structurally favourable for the incumbent than many other markets".

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