It seems THE Colt could be on its way back from yet another Year Low .

The stock is now at a very vunerable level at market cap level of only 500million -

My own opinion and that of other investors is great time to tuck away as a recovery from the present lows looks set to start...

What goes down must come up...

France Telecom still looks set to the main bidder though CABLE and Wireless is another contender named...

DYOR AS ALWAYS AND HAVE SAFE INVESTING ON YOUR MIND...jULES99

60-80p is the comeback target...

jules99
I like the optimism but
.. "What goes down must come up"..
Mmm not so sure about that.. .. are we talking about shares or the friend of an ex president ??

Here is a good endorsement.

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES
AVS NO 720922


All relevant boxes should be completed in block capital letters.

1. Name of company 2. Name of shareholder having a major
interest

COLT TELECOM GROUP PLC FMR Corp.


3. Please state whether notification 4. Name of the registered holder(s) and,
indicates that it is in respect of if more than one holder, the number of
holding of the shareholder named in 2 shares held by each of them
above or in respect of a
non-beneficial interest or in the
case of an individual holder if it is
a holding of that person's spouse or
children under the age of 18

Colt Inc. 57,007,591
Fidelity International Limited
85,037,761
Fidelity Investors Limited Paertnership
313,073,111
The Colt Inc. 2001 Annuity Trust
77,739,173
The Colt Inc. 2002 Annuity Trust
82,723,580
The Colt Inc. 2003 Annuity Trust
172,215,436
The Colt Inc. 2001 Charitbale Trust
1,575,038
Edward C. Johnson Fund 9,715,293
Fidelity Foundation 9,810,218
Fidelity Non-Profit Management
Foundation 43,687,020
Mourant Trust 665,200
Fidelity International Limited
57,007,591
Fidelity Investors Limited partnership
313,073,111


5. Number of 6. Percentage of 7. Number of shares/ 8. Percentage of
shares/amount issued class amount of stock issued class
of stock (any treasury disposed (any treasury
acquired shares held by shares held by
company should company should
not be taken not be taken
into account into account
when calculating when
percentage) calculating
percentage)
COLT INC. 0.56%
4,230,304
FIDELITY
INVESTORS
LIMITED
PARTNERSHIP
4,230,304
TOTAL
8,460,608


9. Class of security 10. Date of 11. Date company
transaction informed

ORDINARY 21ST TO 26TH 28TH JULY
JULY 2004 2004



12. Total holding following this 13. Total percentage holding of issued
notification class following this notification
(any treasury shares held by company
should not be taken into account when
calculating percentage)

853,249,421 56.47%


14. Any additional information 15. Name of contact and telephone number
for queries

ADRIAN GOODENOUGH
020 7947 1677

16. Name and signature of authorised company official
RESPONSIBLE FOR MAKING THIS NOTIFICATION

ADRIAN GOODENOUGH



Date of notification 29th July 2004

Informative yes..but the above should never be taken as granted...or conclusive..

Markets and company activity does not stop occuring when An Istitutional Investor may own major stock...in fact it's informative but avenues are always there in a market full of "Buyers" and "Sellers"...

Telecoms like all sectors requires some consolidation, matter of time in my opinion, I've seen this kind of pattern and cycle before...

Time for consolidation ...Colt, Kingston, Thus are all vunerable...


DYOR as always...Jules99...

Colt will go down further according to Shares magazine this week as sales is still poor and struggling.

Looks like Colt Telecom has turned the corner now...on the rise... 47p

Colt the Comeback back in vengance it appears....

moving upwards now

Seems up one day down the next day - DOES ANYONE HAVE MORE INFORMATION ON THIS COMPANY

switch to Easynet (ESY) is my advice (IMHO)

This from MAM Home page ...
The decline in EBITDA came as Colt, which issued a severe profit warning in July, reported a 7% rise in Q3 turnover to 303.7m. Analysts had been looking for sales of 30m and EBITDA of 33m.
Something not quite right here ??

I have the notion that Media coverage over next few days should see some positive comments lift the price of colt...

In the Daily Mail today.....

CONFIDENT COLT
COLT Telecom's new bossinsisted its largest shareholder had no plans to sell out. 'There is no end game for (58% owner) Fidelity' Jean-Yves Charlier said. He will cut costs by trebling Indian call centre to 600. Losses fell 12 % year-on-year to 31.5m after early debt repayment. Sales edged up 3pc to 304m.

OK who bought 1,000,000 @ 40p?

looks cheap now

Directors recently Bought up 500,000 shares at 44p...!

I did the same but not as much....

One can only wish..!!!

Not a bad sign IMHO.

Will rise back no doubts on my side...

The patience will pay-off as always..

COLT Was down this morning , but reversing to Positive, short term rally back to 49p is my target this time round. Above 49p would see it hit 55p benchmark level..

Kpatience pays eventually...!

jules99 keep well and have fun...

DYOR..

Also take a good look at ESY (see thread) now today 67p at (year low) despite recent more encouraging customer news and positive trading statements. Should exceed forecasts and outperform sector.

appears to be rowing around 42-44p mark last few days -now at 43p, needs to break past the 45p before spurring north.

Worth the wait - 49p target remains...
jules99

Regulatory Announcement

Go to market news section

Company Colt Telecom Group PLC
TIDM CTM
Headline Holding(s) in Company
Released 11:33 01-Nov-04
Number 6886E



RNS Number:6886E
Colt Telecom Group PLC
01 November 2004


SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES


All relevant boxes should be completed in block capital letters.

-----------------------------------------------------------------------------------------------
1. Name of company 2. Name of shareholder having a major
interest

COLT Telecom Group plc Fidelity International Limited

-----------------------------------------------------------------------------------------------
3. Please state whether notification 4. Name of the registered holder(s) and, if
indicates that it is in respect of more than one holder, the number of shares
holding of the shareholder named in 2 held by each of them
above or in respect of a non-beneficial
interest or in the case of an
individual holder if it is a holding of
that person's spouse or children under Fidelity International Limited
the age of 18

-----------------------------------------------------------------------------------------------
5. Number of shares 6. Percentage of 7. Number of shares/ 8. Percentage of
/amount of stock issued class (any amount of stock issued class
acquired treasury shares disposed (any treasury
held by company shares held by
1,000,000 should not be company should
taken into not be taken
account when into account
calculating when calculating
percentage) percentage)

0.066%
-----------------------------------------------------------------------------------------------
9. Class of security 10. Date of 11. Date company
transaction informed
Ordinary 28th October 2004 29th October
2004
-----------------------------------------------------------------------------------------------
12. Total holding following this 13. Total percentage holding of issued class
notification following this notification (any
treasury shares held by company should
not be taken into account when
calculating percentage)

105,841,957 7.005%
-----------------------------------------------------------------------------------------------
14. Any additional information 15. Name of contact and telephone number for
queries

Adrian Goodenough
020 7947 1677
-----------------------------------------------------------------------------------------------
16. Name and signature of authorised company official
responsible for making this notification
Adrian Goodenough


Date of notification 1st November 2004
-----------------------------------------------------------------------------------------------


This information is provided by RNS
The company news service from the London Stock Exchange

END

Push it up to 50p folks and I might be interested.

proptrade - why Easynet? The price is falling.

Looks cheap now...a medium term hold

could be grand day for COLT today - Dow was up a whopping 177 points...!!

It appears there aren't that many on this board who hold or follow Colt (CTM) - ???

To those not familiar, A while back - I suggested Matalan, Marks and Spencer, and more recently on Moneyam -BB that Compass Group would make a comeback....AND They HAVE..!

A Few Reasons I beleive Colt will also make a major comeback :

-Colt remains financially strong with Cash and liquid resources
of close to 700m

-Consolidation in Sector: Predators such as France Telecom is seeking aquisitions - Colt could be one of it's targets

-Free Cash Flow Positive: Colt remains very much on track to be "free cash flow positive" on a sustainable basis during 2005.

-Leader: Strong Customer Base Industry Leading Customer service

-Turnover: of over 300m a year - (not talking small potatoes...)

-Losses now just reduced to 35m.
-In 2001= -360m
-In 2002= -718.2m
-In 2003= -124.6m
-In 2004= -34.5M...!
-In 2005= ????

-Improving Revenues and Continuous Development of new products

-Has survived the worst periods within the telecom sector 2000-2003 -many companies went bust

-Appointment of Jean Yves Charlier - as President and CEO.

-Recent BUYS of 500,000 and 100,000 shares in the past few weeks suggest further confidence by Directors within.

Furthermore Over Sold and a steal IMHO -but not forever...

You read it first - Jules says ALWAYS DO YOUR OWN RESEARCH FOLKS...

Enjoy the evening...and keep smiling !

JULES99....

recently bought 20 grand of colt,surpising how its moving north,major buys every day...cud double people.mind da language.http://colt

ismf4eel/jj50...at last some feedback...

If you recall Colt : Colt rises on Takeover Hopes-LSE Report/Reuters - June 9th - 2004

Shares in Britains Colt rose to from 66p - 89p on speculation that France Telecom (Paris FR0000133308 news) or Cable n Wireless might be mulling a takeover.

Alternative carriers like COLT (CTM) if a target could well double from here again, market capitalisation is seriously low at these levels, ISM4EEL, you could well see great action if speculation arises again...

The futures bright...thats all i can add..
nite all..
Jules99..

On the Up at long last...
Now 44.75 -45p to buy...

Need to check volumes for further signs of buyers....

colt was positive 2day in a failing market ..if it holds its gains tomorrow,then onwards and upwards....crucially its broken past the 45p barrier,its value is peanuts compared to its peers,commonsense will prevail,theres only so much quality out there..colthttp://colt

Colt rising again with (CABLE wIRELESS) Telecoms Sector in demand again...

Keep watching target to break 49p barrier

colt looks very strong,3 new products launched 2day..
its gonna get consumer confidence back...http://colt

http://www.colt.net/

THE PRESS RELEASE...Keep watching Colt...at present sitting at 47p..


10/11/2004 - Press Release
COLT delivers next stage of innovation with high speed LAN-to-LAN services




New European firsts with ultra-high speed switched Ethernet and IP-over-Ethernet

In line with COLT's commitment to deliver innovative services, outlined in its 'Future in Focus' strategic direction, COLT today (10 November 2004) strengthened its lead in Ethernet networking with three new services that support LAN-to-LAN connectivity across Europe more simply and cost effectively than previously possible.

COLT is first in Europe to offer a meshed Ethernet VPN; an ultra-high speed, feature-rich IP-over-Ethernet service and a hub & spoke solution that extends across cities and countries. These services would not be possible without the extensive, modern fibre network, including last-mile access to the building, which COLT operates across Europe's 32 key business centres.

COLT believes that it is only through developments in Ethernet that the telecoms industry can respond to customers' needs for on-demand applications, data back-up and consolidation of multiple networks. With its ability to facilitate bandwidth upgrades in days rather than weeks, Ethernet is able to link office networks and related data centre facilities together simply and seamlessly in a virtual local area network (LAN) environment - liberating businesses from geographical constraints and providing affordable bandwidth on-demand to support their growing business.

By creating services that put Ethernet at the core of the communications infrastructure, COLT is challenging the more traditional, more expensive, high maintenance wide area networking (WAN) services such as wide leased lines, ATM and frame relay. COLT believes that Ethernet will also relegate IP VPN to a supporting role, serving branch sites, with low bandwidth requirements, in disparate places.

Gartner forecasts business Ethernet services in Western Europe to grow by an average of 48% per year over the next four years as businesses extend their operations and focus on improving business efficiency and risk management.

"Enterprises are looking for more bandwidth to accommodate a general growth in data traffic growth and the convergence of voice and video," explains Neil Rickard, Research VP. "Ethernet offers a cost effective, simple, scalable and flexible solution to meet this demand. Indeed, we see Ethernet as being an important enabler of new IT models such as utility computing, applications services and business process outsourcing."

While it has been possible to extend the speed and simplicity of Ethernet technology into the wide area network on a point-to-point basis, today's announcement makes Ethernet technology available in a virtual network topology, modified quickly and easily to accommodate the addition of new operations, applications and related sites such as data centres.

COLT Switched Ethernet VPN:
Europe's first Switched Ethernet VPN, this service interconnects multiple sites providing any-to-any connectivity over a virtual private network across Europe. With burstable speeds of 300 and 600Mbps to 1Gbps, the service is ideal for connecting large offices and data centres.

COLT Switched Gigabit IP:
Europe's first Gigabit IP over Ethernet service, this managed solution provides routing and managed network features connecting head offices and data centres into a corporate network. It complements an IP VPN by providing a high speed backbone in a very cost effective way on a per megabit per second basis.

COLT LANLink Hub and Spoke:
This point-to-multi-point service combines with COLT's LANLink point-to-point service, aggregating metro, national or international network connections into a single Ethernet hub, at speeds of between 2 to 100Mbps in the spoke and 100Mbps or 1Gbps in the hub. Launched in September, several customers are already benefiting from this advanced technology.

"COLT has leveraged its best-in-class network to create a virtual LAN environment, freeing our customers from the geographical constraints imposed upon them by traditional network technologies," explained Paul David, managing director, products and innovation, COLT. "By extending this simple but effective networking protocol across the wide area, we are able to offer our customers almost unlimited, but affordable, bandwidth on demand so that they can consolidate their networks, establish improved data back-up facilities and centralise their data centres for serving multiple sites, as their business requires."

These services further strengthen COLT's lead in European Ethernet networking. COLT's Ethernet portfolio, made possible because of the breadth and depth of COLT's 32-MAN fibre network and last-mile access, now spans all topologies within a range of bandwidths. COLT's Ethernet portfolio connects directly into its 11 data centres around Europe, giving customers access to the facilities as part of their virtual LAN. The portfolio complements COLT's other services such as IP VPN for connecting disparate sites, based outside the COLT network.


About COLT
COLT Telecom Group plc is a leading pan-European provider of business communications services and solutions. The company owns an integrated 20,000 kilometre network that directly connects approximately 10,000 buildings in 32 major cities in 13 countries and 11 Internet Solution Centres. COLT supplies customers across the full spectrum of industry, service and government sectors with unrivalled end-to-end network security, reliability and service.

COLT Telecom Group plc is listed on the London Stock Exchange (CTM.L) and NASDAQ (COLT). Information about COLT and its products and services can be found on the web at www.colt.net.

For further editorial information, please contact:
Nicola Porter
COLT Telecom
Tel: + 44 (0) 207 863 5383
Email: nicola.porter@colt-telecom.com

Joanna Lane
Pleon UK (for COLT Telecom)
Tel: + 44 (0) 207 298 7053
Email: jlane@pleon.com

Colt Telecom is charging...

the charge of the colt brigade....cant believe a major news sheet aint tipped it recently,cuz every ones buying into a winner...
what odds on colt reaching 80p by xmas,especially as it launched 3 new products this week ...http://colt

Colt hits 49p this morning...

Appears Very high chance of it knocking past the 50p spot...especially if the other telecoms results are positive this week...

Sector could do well as a result...

Keep watching...
jules99

I think it will past 50p now...jules99....looks cheap now

Another attempt by Colt now to surpass the breaking point of 48/49p...

Third time lucky...Voda and Thus results should assist...

i think you`d expect some some profit taking after 2 good weeks,encouraginly it closed only 1 pence down after it went under 46 at some point.....
know the sellers are out of the way,it will go past 50 phttp://colt

Very tempted to buy but according to my friend who knows communication industry colt is finding very hard to compete with small companies.

Even in a competitve industry a stock can be oversold and undervalued...
Oversold is for sure, and a rerate is also due, the anaysts will pickup on this as always...

Marconi
mmo2
voda
thus

all up this week...!

Little movement on COLT this am, Bought some fresh stock in order to take advantage of low levels at 46.5 for long term investment, reason being Telecoms have are back in favour Ifresults from this weeks reports are to go by...Sticking with this one..

Enjoy Weekend.. Jules99...


dyor AS ALWAYS...

Searched Net for articles on Net...Some positive Insights to report -

Colt Last Tipped in the Gaurdian at 41.5p, as Oversold, have a long way to go as Coltsters long ans short term know -

Shares closed on Friday at 46.75p, no movement, whilst rest of market rattled upwards...IF history is to be followed then a few weeks back a similiar trend occured, whilst the General Index/Markets rattled Up, strongly, Colt Tel remained unchanged at 42p give a take 0.5p, When the Ftse retreated, What happened was Colt Telecom "Surged upwards"...! - Analysts noted Investors were trailing after "value" in the market...As the Colt has not gained (actually went into profit taking) last week at all, it may surge forward this week as an oversold and Under valued Stock...break past 49p is needed 49p - 57p....


HAPPY TO HOLD AS HISTORY COULD REPEAT ITSELF THIS WEEK... DYOR....stay happy Jules99.


Reuters
Tuesday September 14, 2004
The Guardian

The corporate services company, Colt Telecom, has reorganised and beefed up its management in order to boost revenues two months after a profits warning, sending its stock surging upwards yesterday.
Colt said it would set up four business areas - Britain, France, Germany and Strategic Markets, which comprises 10 European markets - merge its sales and marketing arm, set up an innovation and products unit, appoint three new managers and reshuffle other top posts.

"These changes are designed to provide the company with a world class leadership team and strongly position Colt for long-term revenue growth," said chief executive Jean-Yves Charlier.

Colt's stock, which almost halved after the group warned in July that second-quarter trading had been tougher than expected and margins were under pressure, leapt 10% to 49.25p.

Other:

The analysts mention that the company has achieved the preferred supplier status with all its customers. COLT Telecoms objective is to increase its share of the current customer telecom spending.

The analysts mention that Colt Telecoms financial position is stable, with the 850 million in cash reserves.The analysts believe that the company is attractively positioned to benefit from the increase in corporate spending, expected in 2004/5


What's new at COLT? Check out this section frequently to get the latest.

COLT announces roadmap for profitable growth

COLT reveals new strategic direction - "Future in Focus" which will accelerate revenue growth, deliver positive cash flow and profits and re-establish the company as an innovator and as one of the top three players in each of the metropolitan markets in which it operates across Europe. >more



COLT SecureIT 'inspires first customer with hassle-free, secure, affordable service

In line with "Future in Focus" COLT launches SecureIT for small and medium sized organisations, in the first in a portfolio of services to extend COLT's IP management services to the local area network and desktop environment. >more



COLT announces Q3 2004 quarterly results

".......COLTs underlying financial position remains strong: losses are reducing and we have taken action to reduce interest payments through the early redemption of some of our bonds, reflecting our confidence in the future." >more



COLT wins WCA Best Customer Care award for fourth consecutive year

For the fourth year running, we are pleased to announce that COLT has won the World Communication Awards highly prestigious Best Customer Care award.

The judging panel said: COLT's customer comments are really powerful testimony to the efforts the company has made to maintain its leadership in customer care. COLT puts customers first - it is as simple as that. The company has continued to invest in facilities to improve customer service, right across its network." >more

COLT manages global voice services for Bosch Security Systems in France

COLT has been chosen by Bosch Security Systems to provide voice services for the companys global operations, from standard phone traffic and intelligent network services. Read more about COLT Voice Services.

COLT and Intrada celebrate three years of partnership

COLT and Intrada, the classical music label, have celebrated three years of partnership with the release of a CD tribute to the works of Georg Friedrich Handel, played by the Armenian pianist Vahan Mardirossian. >more

Growth Comet of the Year

It's official: COLT Denmark is the fastest growing company in the Danish IT market.COLT Denmark has been awarded the title of "Growth Comet of the Year" by ComputerWorld, justified by a 157% revenue growth from 2002 to 2003.

More secure than ever

COLT has achieved BS7799 accreditation all European Internet Solution Centres and the COLT customer European network monitoring, management and support services. >more

Pan-European marketing and customer service made easier

Organising pan-European customer service and marketing campaigns carries a significant administrative overhead, if you are using multiple telecoms operators to provide multiple response numbers. More than 100 businesses have cut out this overhead during the past two years with COLT International IN Services. Conferencing specialist Genesys is one, and it says it can now offer more competitive services. >more

Storage for competitive advantage

Data storage per megabyte is now so cheap that it would be almost free if it weren't for an explosion in the amount of data we want to have available. Per Andersen, Managing Director of the analysis bureau IDC Nordic, says: An analysis by the University of Berkeley has shown that the amount of information created in the past two years is greater than the information created in the preceding 1000 years." >more

COLT launches high-speed wide area network solution at land area network prices

What do we mean by switch-based CPE Solutions? It means we own and manage a business'customer premises equipment (CPE). It means we can provide network connectivity up to 1Gbps and typically reduce customers' total cost of ownership by up to 20 per cent. It means you have a networking solution that is tailored to your specific requirements, but managed by a third party: it is built from their premises outwards, whereas they would usually have to buy a network-based service themselves and build a solution around it. >more

The pros and cons of the virtual network operator (VNO) - which is right for your business?

You know you want an IP VPN to enable your employees to access your network from anywhere, but unravelling the complex world of network providers is proving a bit daunting. A number of network-provider models now exist, but how do you choose which model is right for your business? Dr Daryl Szebesta of COLT Telecom demystifies the jargon, breaks down the critical differences between the network owner versus the virtual network operator (VNO), and provides practical advice on what to look for in your network provider. >more

COLT identified as most competitive wholesale data carrier in Europe

A recent survey analysis published by BroadGroup, the telecoms consultancy titled Where next in wholesale? The profit challenge for voice and data has named COLT as 'the most competitive carrier in Europe' for wholesale data. BroadGroup has found that 'wholesale has reached a transformational point, the impact of which will be similar to the emergence of refile following liberalisation in the US and other OECD countries.'

6 month and 1 year charts of ctm - Breakout point quite obvious - third time lucky hopefully patience has been required so far...

sorry clicked on post reply by accident...hence 2 mails..


CTM appears to be hovering last few days now between 45p-49p (10.5%), perhaps time to pick a few more up on the downside just for short term gain, will make mind up in the morning....

A CTM Trading update at Dec-end could prove useful for all...

however time for kip now I reckons...

zzzz....zzz...z...Jules99.....

i for 1 picked up sum colt 2day at 45..gotta be a bargain

yes i'm in to see it go over 50

good day with the market down,colt rises....on a bad day go for quality....still way under valued i feel.?
any views whats holding the price back?

PD4WCUF, ISM4EEL..

Welcome aboard, glad you guys know a bargain when you see one...

On a positive note - Luckily Colt is not affected by the Dollar as it's main networks are in Europe...

I think it's largely been a case of fear as many investors will have been burnt 5 months back when price dropped from 85p down to 55p and then as low as 36p...

Naturally when this happens investors are wary...perhaps put off..

However I think this is about to turnaround one can just feel it, this time last year or so Colt hit 1.29p...Now the company is about to come out of the red and into Profit in 2005, Directors buying again recently on dip, new management inplace and you can be pretty sure predators such as CW, France Telecom will be watching like hawks...Also A takeover/buyout of stock from Fidelity would not be given for less than 95p, valuing Colt at around 1.1Bn analysts beleive.

I'm confident Colt will hit the magic pound again...

Jules99 is advised not to sell...

How To Spot A Chart Breakout based on the last Colt Breakout...

A MUST READ FOR COLTERS - CHECK THIS AN EXCELLENT HISTORIC INSIGHT ...This what happened the last time Colt was trying to breakout from 49P...

http://money.msn.co.uk/investing/Insight/SpecialFeatures/MultiplyYourMoney/chartbreakout/default.asp

By Nick Louth, MSN Money special correspondent
Last updated June 3

Heres a technique for spotting the chance of big rises in shares before they happen

The last week has been a great one for shareholders in Colt Telecom. Shares in the alternative telecommunications carrier jumped by 50 per cent in less than a week, reaching 76p by the close on Monday. Luck of the draw? Not at all.

Colt Telecom's latest share price

Not luck but probability

Far from being a random move, by studying the chart of previous price movements in Colt it was actually possible to see that the share was likely to make a substantial upward move a week or two ahead. How do I know? Because I spotted it myself and bought in at 48p on May 13th before the rise had begun. The technique of chart breakout detection can be learned by anyone, and though it doesnt always work, it can bring big profits quickly. In my case I sold at 76-3/4p on Monday, for a 60 per cent gain in a fortnight. I have to admit the results are rarely quite so spectacular.

A chart breakout occurs when a share price breaks through an important barrier, and is free to move beyond. These barriers can be an absolute price level (in Colts case it was 50p) or a trend line drawn on the chart of past movements. All it really means is a signal of a change in the pattern of price movements. Quite often, the longer a price has been confined, the more spectacular its behaviour on escape will be.

New to charting? Read this article on the basics of charting

See Colt's monthly chart

In Colts case the big move happened on Thursday May 29th, and on Friday the papers said that Colt had been helped by a credit report from Moodys Investor Service which changed the groups outlook from negative to stable.

See news report on Moodys update

Clearly this is good news, but it is hard to see why on its own it should propel the shares of this alternative carrier so much higher. Looking through the newspaper share market reports we find all sorts of after-the-event explanations for such dramatic moves, but as someone who spent years writing stock market reports I can assure you there is often more post-hoc rationalisation than real insight in this.

Indeed, the facts in the Moodys report merely reflected what anyone who looked at Colts results and balance sheet over the last six months could see that the company is increasing its operating earnings, chipping away at its huge debt and slowing its capital spending.

What the chart says

What had really changed were the characteristics of the share price chart in the two weeks leading up to this big move. What was there to see in the charts? Lets take a closer look at Colts movements over the last year.

Colt's 12-month chart

Since October last year, Colt shares have been unable to get above 50p. You perhaps need a more detailed chart to really show it, but since the most recent market low in the middle of March, Colt shares climbed nearer and nearer to 50p, a resistance point which had held for over six months, but at each attempt to move above that level, they were rebuffed.

Detailed Colt chart

However, the fall at each attempt was successively smaller. This indicates a tussle between buyers and sellers which was gradually coming to a crisis point. This point can be seen clearly on the monthly chart we looked at earlier. There we can see trading volume shooting way above normal on both May 15th and 16th, which is a confirmation of the significance of the move about to be made. Colt tentatively eased itself over the 50p barrier on May 16th. It didnt go far, but in the following sessions executed a most important manoeuvre. One of the concepts in chart analysis is that of confirmation, so once the price had moved above resistance at 50p, it had to re-test that level as support, a new floor for a new trading range. In the following few days, Colts share price temporarily eased back below 50p, but fresh buying lifted back again. It is at this point, we can say the chart breakout is confirmed, and which should mark the purchase point for those who want to be sure the move is valid.

Other examples

making a comeback from fall this am...Now all sellers seem to have been taken out..

holding steady for now

NASDAQ (up 2% almost..) and US telecoms also up last nite, Colt most likely to follow up again:-)))))

Target remains 49p+ once it does, the classic chart break from 49p (that all Colters have ben (very) patient) should take effect..

http://money.msn.co.uk/investing/Insight/SpecialFeatures/MultiplyYourMoney/chartbreakout/default

Hopefully it happens this week!

(Thanks Nasdaq..)

http://www.moneyam.com/action/quote/processGetQuote

4 COLT DIRECTORS have just Bought SHARES!

See thread...!

An announcement on the company progress is round the corner for sure -Obviously Positive by the looks of things, do check thread above ...

Look like the turn around is coming...

CTM is on fire today - up over 4% and flying. What's happening?

telcos heating up...check out ESY (up for other reasons but the pricipal in intact!)

Prop, it's me Joe you're talking to! I'm already on the ESY crusade too remember

jules99...i agree with your chart breakout spotting at 50p...(see my comment on 15/11/2004). I think it will go to 70p soon.

It seems everybody is listening now....

CTM ...With 5 director Buys all buying in the early/mid December as well as the appoinment of a New Director With Vast Knowledge and experience from the States...

Analysts know positive news of a great nature is on the cards...hence the move and sizable trades going through again.


Results due out in Early Feb perhaps according to some investors...dont know exact date at this moment, though I think a trading statement may be also made very soon...Very Positive by the looks of things...

My personal is 70-80p is likely if the news is all good and true...The directors look well to make a whack themselves...!

More buyers will start to flood in as the rise starts, its the nature of the beast...


Enjoy ...Jules99.....

Do Check the chart, CTM could well rise to 80p this appears like the break out target from 55p...With Ctm so low, just One single majot (positive)statement could very easily acheive this...

Watch this space...

52p now

I have been "buying" and "selling" colt in the US as the price tends to follow the UK, rather than the UK follow the UK!

made a comeback fromearly lows of 51p - Closed at 53p...

Results not far away i reckon...something good, in the way of news....
last year it was early feb, if anyone has date plse post...

roll on 55p+...!!!

jules99

Well it reached 55p as predicted..now anything can happen, after 55P.. 86P is the next target point...check charts...

:-))))

jules99

you'll notice that volumes were above average yesterday, market interest increased and confidence back no doubt.

should breah past 55 today, no holding back it seems..

Im in on a S/B. Did ok last year.Luckly got out just before 80 avalanche.More luck than skill

iain ur a lucky man, such falls are like avalanches...


Broker upgrade:

Goldman Sachs have now reviewed and upgraded Colts this morning so the rise is likely to go a lot furthers!

closed at 57p...most analysts are expecting an above expectations results. Hope we are not dissapointed

jules99

looks like it all all happening..now 58.5p...results out very soon and trade update on the cards also..

60+p round the corner..!

Beware of the drop:-) Hope not.Im in for a bit longer.Watching for 70

DYOR IMOHO NAI Etc

well this is really one to get involved with. i have been in the sidelines too long...

This will shoot

this is great news for colt telecom also...enjoy the come back closed at 58.5p...60p+ next roll...!

'Triple play' telco predicts 90pc uptake
Wednesday, February 02 2005

Irish broadband, TV and telephony provider Magnet Networks has said that it expects upwards of 90 percent of its potential customers to buy into its new service.

The company, which officially launched in November 2004 following a EUR5 million investment from US-based Columbia Ventures Corporation (CVC), is making its services available on tap to anyone who moves into "The Grange," a new development in Dublin that will eventually include 10,000 homes. Currently only 300 homes are able to access its services; the company has signed up a proportion of these as customers, but declined to reveal exact numbers.

Magnet's main business is what's called fibre-to-the-premises (FTTP) -- sometimes referred to as fibre-to-the-home (FTTH) -- a technology that involves the connection of high-capacity optical fibre cables directly to homes and businesses. These fibre links allow users to subscribe to TV, phone and high-speed internet services through a single line, with newer content-related services such as video-on-demand (VOD) expected in the spring.

In the near term, Magnet will only be able to roll out new fibre in housing developments under construction, such as The Grange, where ducts that contain the necessary lines can be easily placed.

The firm's TV, phone and internet offering -- known as the "triple-play" within the industry -- places Magnet in direct competition with a mix of Irish firms such as broadband and telephony providers Eircom, Esat BT and Smart Telecom; pure broadband companies such as Irish Broadband, Digiweb, and Leap; and cable and satellite TV firms Sky, NTL and Chorus.

Interestingly, Magnet said that its basic broadband service will allow users to connect at a fast 2Mbps for just under EUR30 per month. The comparable ADSL product from Eircom costs EUR169 (excluding VAT) per month. Moreover, the firm said it hopes to launch an unusual option that will allow users to increase their bandwidth to as much as 100Mbps for brief periods of time, ranging from a few minutes to an hour.

In other comments on Wednesday, Magnet said that it has met initial targets set out by Columbia Ventures Corporation, and will be able to draw down additional cash as needed. Having already spent its initial EUR5 million on infrastructure, Magnet CEO Ingvar Gardarsson said that additional cash resources will be provided as necessary.

"It doesn't matter if it's seven, 10, 12 or 15 million [euro], the money is there," Gardarsson commented.

Founded in 1989 by US lawyer Ken Petersen, Columbia Ventures Corporation (CVC) has an array of businesses in the US, UK, Iceland and Ireland. Its most notable asset is Hibernia Atlantic, which provides large telecommunications links between Ireland and North America and was purchased from 360Networks by CVC for just USD17.2 million in April 2003. Other CVC businesses include telecoms assets in the US and Iceland, an aluminium smelter in Iceland and number of other aluminium-related businesses in Texas, Kentucky and Mexico.

The main thrust of Magnet's briefing in Dublin was to announce a number of partnerships that have allowed the firm to put in place its service, including a deal with CVC's Hibernia Atlantic which is providing connectivity to North America. The Nordic company Industria will provide Magnet with support for its broadband system, TV and video-on-demand services as well as some physical infrastructure.

Other Magnet partners are Aurora Telecom, Colt Telecom, Global Voice, INEX, Broighter Networks, Total Network Solutions and PacketFront, which are providing the new Irish start-up with various layers of connectivity, infrastructure, hardware, backup facilities and international links.
http://www.enn.ie/news.html?code=9585060

Good news,jules

hlyeo98 - excellent time to hold/buy colt, im glad i did now, If results on 24th feruary are as expected, above expectations, most holders expect them to rocket back again.

expect them to rise much further here, 80p-90p is acheivable short term on good results and after upgrade.

happy days !

CTM has achieved 60p today...looking forward to 70p now

Back in September a friend of mine tipped Colt to me because of the new chairman, John-Yves Charlier, as he has a track record of turning companies around. He turned Equant and a division of BT around so I've been watching CTM. Could be tempted in now the price has broken 60

Final results due on 24th February.

results hit the as expected mark...ctm went down on profit take on day/after but making a rise back today back to 55.25p, appears to have risen 1.75p today. Short term goal 62p barrier needs to be breached for real.

If price remains in 60's then some form of consolidation cannot be ruled out now that results are out and CTM's future path and goal is clearer.

A ggood start to the week, on consolidation news ..

keep well jules99

any idea whats going on?

looked a bit dodgy early on in the morning, plenty of sells etc..

Big rise today...is there any news on CTM?

Takeover talk perhaps. This article may have something to do with it?

TDC sniffing around Colt - report
By Tim Richardson
Published Thursday 7th April 2005 10:37 GMT
Danish telco TDC has declined to comment on a press report that it could be interested in snapping up Colt Telecom.

Swiss IT business magazine, IT Reseller reports that TDC is about to buy Colt.

A spokeswoman for TDC told The Register: "We have a policy not to comment on rumour or speculation, which this is."

A spokeswoman for Colt also declined to comment on "rumour and speculation".

Colt is a provider of business telecoms services in Europe operating in 13 countries.

TDC is a Danish telco that, most recently, is behind the launch of the UK's new discount mobile phone outfit easyMobile.

In September TDC - previously Tele Danmark - announced it was buying Swedish IP and business telecoms outfit Song for $552m. Song provides business with IP and data services and operates in Denmark, Finland, Norway and Sweden.

Just got a trench of these, somethings brewing, and the directors all took shares on the 24th March.

The 24th March was linked to their annual executive share incentive so it might not be wise to read anything into this. Agree these are interesting at this price though.

Possibly something hot coming up...

in case you are not aware,

The colts company update is on 21st july, been worth the wait, this little number look set to rise before this, a treat for all holders..!

recent director buys looked very positive to add..

DYOR as always...
JULES

Jules
Thanks for that, will watch with anticipation

Maybe not now...with all this bombings around...sentiments will be gloomy

I really don't know what is going on in Colt at the moment. I spend about 2m a year with them but in the last 3 months the service and the quality of the call termination has collapsed. Just to make things worse they are moving all of their back-office funnctions to India and that has caused mayhem with basic things such as fault reporting on invoice settlement.

Well i'll be damned, Today the colt raced up upto 68p+ in an early buy frenzy but settledown at 63.5p, a clear indication there is interest in the golden oldie stock once again, This week CTm could race further up again, results still on the cards, and all is well so far, price creeping past the important 62p, last week. The next level is anybodys guess???
Stay Lucky.
Juless 99

LONDON (ShareCast) - London managed to end higher on a buoyant Wall Street, falling oil prices and plenty of bid chat, although gains were trimmed following further security scares in the capital.

The Dow Jones was trading almost 80 higher when London

packed up for the day as some big takeover news provided a fillip, although security alerts in Whitehall and at Kings Cross hurt trade over here.

Prudential led the risers for most of the day on the back of reports that Citigroup (NYSE: C - news) is weighing up a bid for its online bank Egg (LSE: EGG.L - news) , in which the insurer owns a 79% stake.

Exel (LSE: EXL.L - news) was upbeat on the back of persistent bid speculation, following comments by Deutsche Bank (Xetra: 514000.DE - news) last week that highlighted the potential of a bid for the logistics group.

Telecoms carrier Colt Telecom (LSE: CTM.L - news) also dialled in gains on talk of a possible approach from US finance outfit Fidelity.

gradual rise up today 5%, on the basis of us market riselast night, 8 more days left now to quarter update.

julessss

A REMINDER TO ANY COLT followers..

Second quarter results Thursday! and looking very good indeed this week, lets hope the wait have been rewarding.

Turnover of appx - 950m
MK cap - apprx 980M
2004 - Loss of 142m

expectations much higher than above I should think.
Jules

published earlier today at:

http://www.internationaltaxreview.com/?Page=9&PUBID=210&ISS=17460&SID=525700

Weekly News - July 18, 2005

COLT Telecom hires tax head from Novar
Sed Crest, London

COLT Telecom Group has hired Charles Staveley, former tax head at Novar, the secure printing and industrial group, as the company's new head of tax and treasury.

In his new role Staveley will report to Tony Bates, chief administrative and financial officer, who sees more tax work ahead for the group. "The volume and value of tax work is growing as our operating companies move into profitability and our pan-European customer base grows," said Bates. "Treasury matters are also becoming more significant as we drive the company towards being cash-flow positive, and we manage our working capital and debt profile more tightly."

Staveley's role did not really exist before he joined the company. "One of the interesting things about joining COLT was taking on the treasury role," he said. "More and more tax people are actually doing that because the two areas are very complimentary. Traditional tax planning often deals with financing and funding. Reorganizing and restructuring from a tax perspective involves moving cash around, so I think there are a lot of things that are common to both."

Because COLT has operations in 13 countries, international organization will be the key challenge for Staveley. There are also sector-specific challenges for him. "COLT, being in telecommunications, is in a sector that is very fast-moving and there are a lot of issues going on. They will flow-through to my role," he said.

Transfer pricing, cross-border funding, efficient structuring and managing working capital efficiently are all issues that Staveley says are in his in-box. "I have been in international tax for over 20 years now dealing with those different tax regimes and the problems that a business faces as well as the opportunities," he said. "The group now has a potential tax-asset of half a billion pounds, which isn't on its balance sheet," he said. "It is basically tax losses from when the telecoms sector suffered."

One of the new concerns in the UK for Staveley are the new cross-border tax arbitrage rules. "Often they use a hammer to crack a nut," he said. "I think it is going to become more challenging to do more artificial cross-border planning. More time will be spent on the bread and butter commercial transactions, such as transfer pricing."

Staveley was group head of tax for three and a half years at Novar, which has just been taken over by Honeywell, the US-based aerospace and materials group. From 1996 to 2001 Staveley was director of European taxes at Textron, the US-based aircraft and financial services group. From 1992 to 1996 he had an in-house tax role at security printer De La Rue. He began his tax career as a tax adviser at Arthur Andersen in London.

Colt Telecom sees cashflow turning positive in H2 after Q2 tops estimates UPDATE
AFX


(Adding more comment from chief executive, analyst reaction)

LONDON (AFX) - Colt Telecom Group PLC said turnover would exceed costs during the second half of 2005 after the UK-based alternative carrier delivered better-than-expected second-quarter results this morning.

'We expect to be free cashflow positive in the second half of the year ... (and) are confident that we will be free cashflow positive on a sustainable annual basis going forward,' said chief executive Jean-Yves Charlier in a statement.

The guidance came as Colt's second-quarter figures topped consensus forecasts. Turnover rose 4.5 pct to 316.7 mln stg, while earnings before interest, taxation, depreciation and amortisation improved by 1.4 mln stg to 40.8 mln. A poll of 5 brokers suggested sales of 314 mln stg and EBITDA of 39 mln stg.

Colt, which sells corporate telecoms services to businesses in the UK and Europe, said the move to positive cash flow would help it meet investors' expectations for full-year revenues and underlying profits.

Consensus estimates for the full year call for a 5 pct rise in sales to 1.27 bln stg, while EBITDA is expected to jump 10 pct to 169 mln stg. Charlier said he is 'comfortable' with this consensus forecast.

Nonetheless, Charlier said the market for corporate telecoms services remained 'challenging' as rivals like BT Group PLC, Cable & Wireless PLC and Thus Group PLC continued to fight hard for a limited number of new accounts.

'The market is as competitive as ever ... in the traditional spaces (such as voice),' said Charlier on a conference call with reporters.

'Where new technologies emerge it is less competitive,' he added, referring to new voice over internet protocol and Ethernet services.

By 8.55 am, Colt shares were up 1-1/4 pence at 63-1/4, buoyed by the better-than-expected second-quarter sales and EBITDA growth figures.

However, some analysts cautioned that Colt's improved performance during the period was down to a rise in the amount of voice traffic it carried for other telecoms companies -- typically the most unstable and least profitable segment of the industry.

'Colt was ahead (of forecasts) but only by the wrong means,' said Matthew Pearson, a telecoms analyst at Investec. 'Switched (voice) revenues was the driver of growth, most of it coming from other carriers.'

Pearson, who rates Colt a 'sell', explained that revenues from wholesale business tends to be 'lumpy' and only marginally profitable. Network owners tend to 'play around each other on price' for short term contracts with other carriers, he said.

Charlier admitted that growth in more profitable data revenues had grown 'more slowly than we would like to have seen' in the second quarter.

Colt has been transferring many of its back-office jobs to India in an effort to lower its cost base since Charlier joined the company last year, and the chief executive this morning said he is satisfied with the progress Colt is making in implementing this 'Future in Focus' plan.

'We are pleased with the progress on all the strategic initiatives we

announced last October,' said Charlier.

The company is still investing in new internal systems and its transaction processing centre in India, where it has boosted its headcount by 100 to around 400 in the second quarter. Some 10 pct of the company's workforce was now in India, and the plan remained to raise that to 15 pct by the end of the year, said Charlier.

The group had 335.9 mln stg in cash at the end of the second quarter, but the chief executive maintained that he had no plans to use this cash to buy a competitor.

'We do not see ourselves taking part in the consolidation process, and making any transaction in the near or medium term,' said Charlier.

The telecoms industry is rife with speculation that C&W is close to acquiring indebted peer Energis for 700 mln stg -- the largest deal in the UK fixed-line arena for a number of years.

simon.duke@afxnews.com

sd/slm/





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The copying, republication or redistribution of AFX News content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.



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Colts next update on Oct 21st...for those who hold - Will be looking for that rise back to the 70-80p levels again.

Keep watching..
Jules99

Jules99,

Agree on the short term price range back to circa 80p. Looks like a cup and handle foramtion on the chart with handle formed. Wait and see if it happens! If so break should be very soon if it confirms. Keep posting!

stock Price reversed back this week on huricane worries on stocks in general I beleive I notice.

well I am back in october, The 3rd Q-results are due october 24th if one is correct, Next week should the urge to buy back in again at sub60p.

Most Buleetins are expecting Colt to zoom pass old high of 67/70 before annoucement then towards the expected 70-80p mark - Its been a long and worthy wait for investors..so a hold on my part..!

Good luck to all the oldies..

Jules99.

City13.
Oversold and an opportunity to buy at sub 60p before results, some great news delivered by CTM this week, regarding products and client base and 2 major contract wins, more to follow -watch this space as they say!

Back to 66p+ and then the expected 70-80p mark :-)

jules99 - 12 Oct 2005 23:56 - 99 of 99
City13.
Oversold and an opportunity to buy at sub 60p before results, some great news delivered by CTM this week, regarding products and client base and 2 major contract wins, more to follow -watch this space as they say!

Back to 66p+ and then the expected 70-80p mark :-)

Colt artice as follows following 10% rise on q3 results :


Colt sets its sights on profitability

By Mark Odell, Telecommunications Correspondent
Published: October 21 2005 03:00 | Last updated: October 21 2005 03:00

Jean-Yves Charlier, ColtTelecom's chief executive, insisted yesterday that profitability was "in sight" after he said the alternative network operator had become cash flow positive on "a sustainable basis" for the first time.

"We see a path forward to becoming one of the first alternative networks in Europe to become profitable," Mr Charlier said, as the company reported third-quarter results.

.. etc ..
Colt's shares rose 10 per cent to 60p on the back of improved gross margins, up from 33.6 per cent in the second quarter to 34.6 per cent, and sharply reduced losses.

The company, which targets international corporations, especially financial institutions, operates a modern fibre-optic network connecting 32 of Europe's largest cities in 13 countries.

Pre-tax losses fell to 19m in the three months to the end of September, down from 35m in the same quarter last year, while earnings before interest, tax, depreciation and amortisation rose to 45.9m (33.8m). Turnover rose to 312m (305m).


Full article (Subscription)
http://news.ft.com/cms/s/7785aa70-41cf-11da-a45d-00000e2511c8.html

Following the results the price technically bounced back towards 60p, and holding on for 2 days - If my assumption is correct this is a good signal from the market and a further rise looks to follow as the confidence is there as CTM is doing exactly as it has promised in the last 4 quarters - IT really is looking good for this Teleco again.

A much reduced risk to invest in going forward -
but the reward factor looks excellent in the weeks to follow.
A great Buy for my portfolio ..!
(DYOR as always)

Colt still has a lot of convincing in the City to do:

Market miscellany
Edited by Grant Ringshaw
(Filed: 23/10/2005)

Colt Telecom

Colt Telecom, like a number of tele-coms companies, has seen its share price surge on the back of excitement about a new wave of industry consolidation following Cable & Wireless's acquisition of Energis and British Sky Broadcasting's 211m deal to buy Easynet. Last Thursday, Colt's shares shot up by 10 per cent to 60p after the company posted a 35 per cent rise in third-quarter operating profits to 45.9m, in line with City expectations.

But it is still hard to see why the market got so excited. Colt, led by Jean-Yves Charlier, the chief executive, is not expected to make a profit at the pre-tax level until 2007 at the earliest. It made a pre-tax loss of 19m in the three months to September. The company is keen to talk about improved cash flow and higher margins, but this cannot disguise the fact that Colt is still a long way from actually making any money. Core revenues are barely rising and the telecoms market is still fiercely competitive despite some consolidation. Colt (59.25p) still looks too expensive. Sell.

http://www.money.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=M3&xml=/money/2005/10/23/ccmm23.xml

http://uk.biz.yahoo.com/051031/35/fvnyt.html

Take over frenzy makes the Colt a very like ly target - A must read IMHO.

Signs Of A Telecom Revival

Market Comment
[ October 31, 2005 ]

By David Kuo

It seems that telecoms are back in fashion after being in the doghouse for a good half decade or more. In fact, two of our four Champion Shares picks so far are from the telecom sector.

The change in sentiment towards telecoms appears to have started back in August when Cable & Wireless (LSE: CW.) won a battle with Thus (LSE: THUS) to buy Energis for 594m. Since then, Telewest has agreed to merge with NTL (NASDAQ: NTLI - news) , and Sweden's Ericsson has consented to buy the rump of Marconi (LSE: MONI.L - news) (LSE: MONI) for 1.2b. Elsewhere, BSkyB (LSE: BSY.L - news - msgs) (LSE: BSY) said it will buy Easynet (LSE: ESY) for 211m to spearhead its march into the broadband market.

Not to be outdone, Spain's Telefonica (Madrid: TEF.MC - news) was talking telephone numbers today when it agreed to buy O2 (LSE: OOM) for 17b. The deal, which is the largest acquisition in the European telephone industry for five years, will give Telefonica a strong foothold in the German, Irish and UK mobile phone market. That's provided it can fend off possible counter-bids from T-Mobile and Holland's KPN (Amsterdam: KPN.AS - news) . It also ends years of speculation as to whether O2 can survive as a standalone operator.

Unfortunately, today's mega deal is unlikely to benefit too many private investors. Earlier this year, O2 got rid of many of its small investors because it felt that maintaining a register of a million shareholders who owned less than 600 shares each was just too expensive. However, private investors may still benefit from consolidation elsewhere in a highly fragmented telecom industry.

Top of the takeover list is likely to be loss-making Colt Telecom (LSE: CTM). The company, which was founded in London in 1992, has enjoyed seven years of continuous revenue growth. However, Colt is not expected to turn in a profit any time soon; losses have been forecast for this year and next. But Colt shares, which stand at 56p, value the company at 0.7 times sales, which could make it a cheap play on the UK telecom sector.

Top of the takeover list is likely to be loss-making Colt Telecom (LSE: CTM). The company, which was founded in London in 1992, has enjoyed seven years of continuous revenue growth. However, Colt is not expected to turn in a profit any time soon; losses have been forecast for this year and next. But Colt shares, which stand at 56p, value the company at 0.7 times sales, which could make it a cheap play on the UK telecom sector.

Colt on the move it appears on speculation that consolidation is on the cards in the sector.

A gradual rise back up for this cheap tel com play.

cut from a competitors Traders Report wrap :

Meanwhile, Ronnie Chopra from Blue Index gave us this; London shares rose sharply in morning trade after Fridays 170 point surge in the Dow Jones and the sharply higher close in Asian markets.

However, the main catalyst that drove London equities were two big bid stories. Perennial bid target O2 agreed a takeover offer from Spanish rival and long time suitor Telefonica worth 200p per share. The bid for 02 gave a boost to other telecom-related stocks with Vodafone, British Telecom, Cable & Wireless and Colt Telecom all up sharply. Both Colt Telecom and Cable & Wireless are bid targets as well and with further consolidation in the sector, these two may be acquired by larger rivals before too long.

Both Colt Telecom and Cable & Wireless are bid targets as well and with further consolidation in the sector, these two may be acquired by larger rivals before too long.

(Sorry posted incorrect post earlier).

(Sorry posted incorrect post earlier).

S&P ends the week at 4 1/2 year high

NEW YORK (MarketWatch) - U.S. stocks ended higher Friday, with the S&P 500 Index reaching a 4 1/2 year high in a week of gains fueled by a rally in the technology sector, a drop in crude-oil prices and a decline in long-term interest rates.

The Dow Jones Industrial Average ($INDU: 10,766.33, +46.11, +0.4%) rose 46.11 points to 10,766. The benchmark index closed out the session at an eight month high. On the week, it gained 0.8%

The Nasdaq Composite Index ($COMPQ:
2,227.07, +6.61, +0.3%) was up 6.61 points at 2,227.07. The tech-rich index ended at a 4 1/2 year high, and put in a weekly gain of 1.1%.

The S&P 500 Index ($SPX: 1,248.27, +5.47, +0.4%) also rose to its best level in four and a half years. On the week, the broad gauge gained 1.1%.

http://www.marketwatch.com/news/story.asp?siteid=mktw&dist=nwhpm&guid=%7BCC57C383%2D224E%2D4A23%2D8EC3%2D6B62946D5591%7D

cherryandwhite - 19 Nov'05 - 10:12 - 6538 of 6722


Hey Rob,I havent noticed colt going north with all these great figures your giving us. I bet colt goes south when the indices turn.

Rob Mack - 19 Nov'05 - 23:38 - 6539 of 6722


Where the net dream meets the real world

By : Clem Chambers November 20, 2005

THE theory goes that market history repeats itself every generation. The idea is that boom and bust cycles ex-haust every new generation and it is only when a new crop of inexperienced in-vestors comes by that they will fall for the old, repackaged story. Thus when the net bubble popped, most

old heads predicted that it would be another 20 years before a stock bubble would rise again.

People are always brilliant at explaining events with hindsight. Shares fall apparently through profit taking every day or rise according to the days press because of takeover speculation. However, the reality of the situation is often different.

There were a number of reasons for the dotcom crash and one of them wasnt that the internet chan-ges everything. The premise of the dotcom boom is as alive today as it was in 1999; the only difference is that the smoke has cleared.

Is Google valued with amazing ratios that simply dont exist in the UK? The answer is yes. Do internet businesses jump from nowhere to be sold for hundreds of millions just like in 1999? Yes again. Is the internet creeping into every nook and cranny of our lives? Little old ladies surfing wi-fi connections is proof enough for me. So what exactly is the difference between 1999 and now? Very little.

The big difference is no-one invests anymore in random people claiming guru status after attending a few seminars. Everybody is internet savvy and while in 1999 most were operating blind, they now understand the difference between a good internet idea and a dud one. No-one is going to fund 1monthssupplyofY- fronts.com.

Yet the future is clear: there will be more internet functionality and more businesses reliant on the internet channel for revenues; more computers, more software, more bandwidth, more incomes, more profits; an all-persuasive connection to money, media and communications.

As Apple suddenly throws off its hardware company mantel to take on media platform clothes, so its share price has risen tenfold. Together with Google and the new reality, even the monopoly that is Microsoft cant stay still and in turn looks to throw out the most successful business model in history for a speculative one; just to stay alive.

Underneath all this are the little glass fibres that carry all these trillions of bits of data. These plug into factories of computers, blowing out vast heat and burning electricity like a warehouse stacked with fan heaters. This is where the net dream meets the concrete world.

Rupert Murdoch bought Easynet, a fine example of the infrastructure that drives the network. Ultimately this part of the puzzle is crucial . Providing the infrastructure is already big business and has big advantages to players with critical mass. As many people wouldnt bet against the internet, it leaves the question of how to back it without paying high prices.

My tip this week is Colt Telecom. This fallen angel has 1.2bn in sales and a market cap of 880m. With 453m in the bank and a consolidating business, Colt is a bigger UK player and a solid selection for a portfolio that needs internet exposure.

The dotcom boom is set to run for more years yet and while fallen angels are never going to rise back into the heavens, their progress is likely to be strong. While media companies may rise and fall on their net strategies, they all need the nuts and bolts: electricity, bandwidth, computers and a place to put them together.

Clem Chambers is CEO of ADVFN, Europes leading stocks and shares website. For free, real-time prices go to: www.advfn.com


http://www.thebusinessonline.com/Stories.aspx?Where%20the%20net%20dream%20meets%20the%20real%20world&StoryID=B4D006DB-2B0E-4E7A-913F-B778DCE5367F&SectionID=A969218C-479F-47D2-BD7E-E1D38380A8D5

CTM onward and forward all the way to 90p+

:)

is this stock actually going anywhere?

Sorry, can anybody tell me what happened to Colt...why has it change its epic from CTM to COLT???

3 old colt telecom shares were exchanged for 1 colt telecom group s.a. shares @1.77