re tls, page-2

on the brink of disaster Despite the valiant efforts of the homeboy brokers to hold this up it has never looked more imperilled than this afternoon with one computerised order selling 10k a minute and massive sellers in fear of causing a collapse.

I think reality has arrived. Lousy figures and selling t3 on a dream. The dream? Sensis? The phone book? Google will eat them alive. TV on your mobile phone? Total failure everywhere its been tried in Europe. Sending photos by phone? Failed everywhere. They take the photos but don't send them.

What's down the road? VOIP through ADSL deals offering open slather with a fixed line to mobile slam dunk deal chopping up the margins.

The curtain is nigh and this stock is forced to pay a dividend on borrowings. No wonder the company is running dead when the major shareholder wants the price pumped while it dumps the stock.

Now $3.54 and they can't touch the regulator to give it a leg up. Beautiful. Check the 12mth chart, a ping pong ball bouncing down stairs.