zarif
- 07 Nov 2003 17:05
- 31 of 33
Just creamed the dow again for 500 squids.
Seems to be hitting abrick wall around 9891 (say 9000).and goes down like abomber.
All the good results and no hike as expected -then again melnibone you are quite right best to let the markets action tell us what to do rather than pre-empt.
rgds
zarif
Melnibone
- 07 Nov 2003 18:28
- 32 of 33
Ref BT.A,
I see this was embargoed until the Market Closed. Can't see it being
positive for the share price. Be aware of it if you are thinking of
taking a position in BT.A on Monday if it drops.
Try and correlate any drop in price with any drop in the FTSE.
An excessive drop should be greeted with caution.
OFTEL
07 November 2003
Embargoed - not for publication before 16.30 7 November 2003
53/03
7 November 2003
Oftel decision on certain BT marketing activities
Following an investigation of a complaint from Thus and BVL, and using new
powers under the Communications Act 2003, the Director General of
Telecommunications has ordered BT to stop using information about the transfer
of customers to alternative telecoms suppliers to undertake marketing activity
to dissuade these customers from switching.
Under current arrangements for some types of services, notably carrier
pre-selection, a telecoms company has to notify BT when a customer intends to
switch to its service, so that BT can make the necessary changes to its own
systems to allow the transfer to take place.
Until now, BT has passed this information to its marketing department, which has
then contacted the customer to try and persuade them to stay with BT. Oftel has
today ordered BT to stop carrying out this practice, on the grounds that it is
forbidden under the new EU Access and Interconnection Directive that came into
force in the UK in July 2003.
Melnibone