Some bad calls leave DDI floundering against NTT
Article Abstract:
DDI Corp may not be able to take advantage of the business opportunities that come with the deregulation of the Nippon Telegraph and Telephone monopoly in the Japanese telephone industry. DDI was overwhelmed by unprofitable business ventures that ultimately translated to a 22% drop in the company's share price from the Jun 5, 1997 high of 909,000 yen. The company's share price registered 700,000 yen at the close of trading on the Aug 22, 1997. Analysts recommend selling if the price rises above 730,000 yen.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Bigger is better for NTT
Article Abstract:
The size of Nippon Telephone and Telegraph Corp. may prove to be an asset as share prices have risen due to news of government efforts towards deregulation. The company's stock prices have risen 25% since Apr 7, 1997 but investment advisers caution investors to wait further since the share prices are not expected to rise further. The size of the company has been seen as a deterrent to growth but news of government efforts to deregulate the telecom industry have proved beneficial for the company.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Tone of China phone shares: investors may not be dialing up profits
Article Abstract:
Analysts warn that the initial public offering (IPO) of China Telecom may not bring in profits for investors of Hong Kong telecommunications companies. Investors are buying up shares of telecom companies hoping that the IPO of China's state-owned telephone company would facilitate telecom companies' entry into the mainland market. Analysts say entry into the mainland telecom market is still a long way off and that telecom shares are overpriced.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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