Well I think I know why Seth is so hard up to write bad things about GTE. He can't believe that we are that good of a company to get past all his recommended stocks.
We are too good to be true and he missed us. So now he has to try to make himself look good by knocking GTE down just read the points I have put below in his own words.
Sound to me he is trying to justify how he missed GTE as a company and hates GTE for it.
Point #1
How is it possible for this unheard-of Florida company, with little track record, to suddenly vault past established equipment makers like Qualcomm(Nasdaq: QCOM), Cisco(Nasdaq: CSCO), Nokia(NYSE: NOK), and Motorola(NYSE: MOT), not to mention powerful multinational telecoms?
Point #2
Does anyone really think that established wireless giants like Mobil Telesys or VimpelCom(NYSE: VIP) -- which together account for some 90 million subscribers in the former Soviet states -- are simply going to let some upstart come in and eat their lunch?
Point #3
For another point of reference, consider that Europe's largest broadband provider, France Telecom(NYSE: FTE), has only 10 million Internet customers -- the number GlobeTel says it aims to get in just three years in Russia. Yet France Telecom operates in the affluent regions of Spain, the U.K., the Netherlands, and France, where, according to World Bank figures, people have at least two or three times the purchasing power of Russians.
Point #4
Last but not least of these points comes in the bottome of his article.
France Telecom is aMotley Fool Income Investor recommendation. Fool rules arehere.
Look at the wording he uses:
Point #1 unheard-of, little track record, vault past establish equipment makers.
Point #2 let some upstart come in and eat their lunch?
Point #3 France Telecom(NYSE: FTE), has only 10 million Internet customers -- the number GlobeTel says it aims to get in just three years in Russia.
Point #4
France Telecom is aMotley Fool Income Investor recommendation. Fool rules arehere.
Sounds like Seth just can't believe GTE is doing what has taken others sooooo very long to do. His disbelieve is really showing and showing bad.
Seth get a grip. Remember what your mother taught you. IF YOU DON'T HAVE ANYTHING NICE TO SAY THEN DON'T SAY ANYTHING AT ALL.
REGARDS,
SERIOUS1
