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Telefónica, S.A. Message Board

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  • lincolnparker60614 lincolnparker60614 Jul 28, 2011 4:35 PM Flag

    Earnings release tomorrow?

    I'm holding my position. TEF is Spainish/Latin America so fundamentals should not be impacted by US debt problems -- price may go down if US market sells off. European problems are a negative for their European operations, but I'm hoping the Latin American business will more than offset it. Not at my max position with TEF yet but I don't see any reason to rush in just yet.

10.08-0.18(-1.75%)Sep 30 4:02 PMEDT