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No. of Recommendations: 0
As a long term play the investment to Telstra2 is a very reasonable investment particularly in light of the part payment program and the discount offered on final payment.

Remember that you get full dividends on the partly paid shares so from an investors point of view the initial return is excellent.

For first time investors or those seeking security 'go for it!' It should be the cheapest entry into this company for quite some time.

Remember the impact of the Ralph Report though. Start planning now to invest in a manner that is not effected by the personal income tax scenario proferred by this ravenous revenue collectors agent.

By the way DO NOT LEND MONEY to the private companies that you are involved in... this could spell big trouble in the future. Get your money out of private companies or trusts before the tax Y2001. Restructure your loans otherwise tax will have to be paid on any repayments of principal as though they were dividends.
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