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Utility and Income Multimedia

Utility and Income

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Roger Conrad, 03.22.08, Positive Outlook

We're entering a crazy phase in the market and we're even seeing some of the utilities subject to wide volatility.

But we've seen fourth quarter numbers and indications are that things are still pretty steady, which means indications for the first quarter are good. There haven't been a whole lot of bad regulatory decisions.


Roger Conrad, 02.29.08, Telecoms Showing Recession Resilience

Telecom companies--essential services--have been downgraded across the board with a lot of skepticism since last peak in early 2000. But this is a group that's really showing its recession resiliency against the expectations of Wall Street, and the proof is in the numbers. There's been talk about broadband disconnects and lower revenue in the wireless business, but it's all been refuted in 4th quarter earnings--no real damage to date.



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