telstra today, page-27

$2.80 2007-08 sp forecast Just been doing some research and anaysis of fundamentals now this is just my personal opinion but come to the conclusion that the following EPS figures as i see it for the next 3 years points to telstra in 2008 being around $2.80 a share

EPS figures (expectations) of 28.0 Cents per share 2006
20.0 CPS in 2007
20.0 CPS in 2008

Canabilisation of their fixed network for broadband and copper to fibre optic spending. Increasing competition from wi fi offerings that can be done cheap by competitors. Higher competition in mobile phones - rising capital costs associated with fibre optic rollout across australia - privatisation selloff once its fully sold ie t3. They could hedge bets and expand into media and perhaps purchase as a telco - industrial - mining conglormarate (post t3) into buyin some non core mining or retail assets.

Otherwises its looking pretty bleak + i expect sol and co would cut the dividend to put into cash growth on their accounts to fund agggressive domestic and international expansion and to keep the network competitive