Sunday, January 16, 2011

Telecom Tales - Part 3

Last April I contemplated three telecom plays. I eventually bought in to all three companies.

  • Telecomunicacoes de Sao Paulo (TSP) - 6.5% realized gain
  • Nokia (NOK) - 12% realized gain
  • Telecommunications Systems (TSYS) - This continues to be a roller coaster ride, but I'm holding on because I believe there to be a large upside. I'm sitting with an 11% unrealized gain, but I've seen this rise to as much as 21% in October, and be as low as -30% in August. The good news is that I've been in the black since October on an overall basis.  But I am in the red with my Roth holdings.
I sure hope to close the book on this soon as I've not collected dividends on any of these holdings.  TSP and NOK paid annual dividends and I did not hold at time of payment.  But TSYS pays no dividend. 

No comments:

Post a Comment