Total Produce Share Discussion Threads

[waldron] 11/4/2006 11:30

Total "buy," target price raised

Tuesday, April 11, 2006 6:50:35 AM ET
Deutsche Bank

LONDON, April 11 (newratings.com) - Analysts at Deutsche Bank reiterate their "buy" rating on Total (PFP.PSE). The target price has been raised from €240 to €250.

In a research note published this morning, the analysts mention that there are limited signs of a potential slowdown in the US economy and non-OPEC supply is expected to continue to lag demand growth. The oil price estimates for 2007 and 2008 have been raised by $5 to $50/bbl WTI and by $5 to $45/bbl WTI, respectively. The EPS estimate for the oil and gas sector has been raised by about 13% and Total is one of the top picks in this sector, the analysts say. The company is likely to deliver production growth through 2007 and 2008 and is committed to returning excess cash to shareholders, Deutsche Bank adds.

[waldron] 06/4/2006 08:56

06/04/2006 10:14 Total : les actionnaires recevront une action Arkema pour dix Total détenues


Le groupe Total a déposé aujourd'hui le prospectus d'introduction de sa filiale chimie Arkéma. Le document précise que les actionnaires du groupe pétrolier recevront 1 action Arkéma pour 10 Total détenues dans le cadre de la scission. Techniquement, à chaque action Total sera attaché un droit d'attribution d'actions (DAA) Arkema, 10 d'entre eux permettant de souscrire à 1 action Arkéma.

Les DAA seront négociables sur le marché pour une durée expirant le 26 juin 2006. En pratique, seuls les DAA formant rompus seront négociables (c'est-à-dire ceux qui seront surnuméraires par rapport à un multiple de 10). Total prendra en charge les frais de courtage et la TVA pour la vente ou l'achat des DAA formant rompus, dans des conditions précisées ultérieurement.

[waldron] 04/4/2006 11:53

Total "buy"

Tuesday, April 04, 2006 7:07:45 AM ET
Merrill Lynch

LONDON, April 4 (newratings.com) - Analysts at Merrill Lynch maintain their "buy" rating on Total (PFP.PSE). The price objective is set to €235.

In a research note published this morning, the analysts mention that the arbitration battle between Total and Santander, related to the shareholding of Cepsa, has been resolved in the favour of the former company. The arbitrator has upheld that Santander violated the original shareholding agreement with Total, the analysts say. Total would now be able to raise its direct holding in Cepsa from 37% to 49.6%, Merrill Lynch adds.

[waldron] 18/3/2006 13:02

Investors turn to Europe for returns, stability

By Andrew Leckey |
Posted March 19, 2006

Jan. 1: Stock experts predict gains for '06, but warning signs abound







Investors nervous about market volatility around the globe and lackluster prospects for the U.S. have been turning to a familiar destination.

Europe is a known quantity, considered quite promising and relatively stable. As money pulled out of Asian and U.S. markets has flowed into Europe this year, its markets have responded favorably:

-- Developed European markets are up 7 percent, as measured by the Dow Jones Stoxx 600 index, compared to a 3 percent increase for the U.S. benchmark Standard & Poor's 500 index. The European index outperformed the S&P 500 in both 2004 and '05.

Emerging European markets have outperformed both this year, although experts say they contain several risks.

-- The average European region stock fund is up 7 percent this year versus the 3 percent gain for the average U.S. diversified stock fund, according to Lipper Inc.

In February, Europe posted the globe's best regional returns, according to Standard & Poor's, led by small-cap and German stocks. Although Europe's overall returns haven't matched the dramatic gains of Latin America or China, they don't carry their extreme volatility either.

"Name some European companies and chances are average U.S. citizens have heard of a lot of them, which provides an immediate comfort level based on name recognition," said Scott Snyder, lead manager for ICON Europe Fund, up 23 percent over the past 12 months with a three-year annualized return of 36 percent.

Not only does Europe represent a bigger chunk of the market outside the U.S. than any other region, Snyder said, but accounting standards are coming more in line with those of the U.S. He believes investors should have some exposure to Europe in their portfolios.

The region's recent gains are a game of catch-up, because European stock prices had lagged significantly behind U.S. shares during the first few years of the decade.

"The biggest reason is the continued closing of a rather large valuation discrepancy between the U.S. and Europe that had existed early this decade and had been as high as 35 percent," said Jason Holzer, senior portfolio manager for AIM European Growth Fund, up 17 percent the past 12 months with a three-year annualized return of 36 percent.

Europe, Holzer said, provides a contrast to the structural imbalances in the U.S. that include high consumer debt and a record trade deficit.

There's a speculative side because low interest rates have resulted in greater liquidity and the rise of hedge fund and private equity activity throughout Europe. Acquisitions, especially in utilities and telecommunications, are lifting the market.

"The merger and acquisition boom in Europe is a long-term theme that's been driving the continuation of the rally this year," said Alec Young, equity market strategist with S&P. "U.S. private equity firms are going into Europe looking for low-hanging fruit in terms of restructurings, and that's driving the creation of value."

Emerging European markets provide the most punch. The hottest fund is Metzler/Payden European Emerging Markets Fund, which is up 33 percent the past 12 months and has a 51 percent three-year annualized return. It is emphasizing energy, telecom and finance.

"Economies of Eastern Europe, mostly Russia, Poland, Hungary, the Czech Republic and Romania, are outperforming both the broad European and U.S. markets," said Vladimir Milev, financial investment analyst with Metzler/Payden European Emerging Markets. "This a unique time in their history when staples of life that were uncommon under the socialist system--such as cars and cell phones--now provide a good business for a lot of companies."

Because these new markets have been rallying since mid-2001, the concern is whether it is sustainable and at what point it will correct. The potential for volatility and correction is greater now because the markets have grown significantly and hedge funds are involved, Milev said.

Among the continent's three largest economies, German stocks have been strong performers, up 27 percent last year, followed by the 23 percent gain in French shares and the 17 percent gain in British stocks. Exchange-traded funds track stocks in all three countries.

All investors in European funds inevitably face currency, economic, political, trade and demographic risks, so spreading the uncertainty with a diversified mutual fund makes sense, experts said. Their managers research company financials not readily available or even in English.

U.S. investors also can buy stocks of European companies traded here as American depositary receipts, known as ADRs.

Several noteworthy ADRs of European firms:

-- Syngenta AG, a Swiss agribusiness, is expected to grow at double-digit rates the next few years and has aggressively returned cash to shareholders. Holzer holds its shares.

-- Credit Suisse Group, one of the world's top private banking franchises, has exceptional profit margins, excellent finances and ability to assume risk. It's a Snyder holding.

-- Unilever NV, a United Kingdom-Netherlands company that is one of the world's largest packaged-food firms, with about $49 billion in annual sales, also makes familiar products Dove and Ponds. It's recommended by S&P.

-- Petroleum Geo-Services ASA, a Norwegian oilfield-services company with pricing power and demand for its services, is restructuring by splitting its floating production and marine seismic divisions. Holzer holds it.

-- Total SA, a French oil giant with impressive new production pipelines in the Middle East and Africa, also has extensive and controversial operations in Iran. An S&P recommendation.

Andrew Leckey is a Tribune Media Services columnist.

[waldron] 15/3/2006 08:17

Total SA said its board has proposed May 18 as the date for a previously announced four-for-one stock split. It also reconfirmed May 18 as the date for spinning off its Arkema chemicals unit.

Total SA said estimated subscriptions to a February capital increase reserved for employees will result in the employees holding 3.75 pct of the company's shares, up from the current 3 pct

[waldron] 08/3/2006 18:43

Venezuela threatens Total with 3 day closure over tax arrears

CARACAS (AFX) - The Venezuelan tax office threatened Total with an up to
three day closure if it does not sort out its tax arrears.
If Total does not come up with what it owes in taxes, or does not manage to
reach an agreement on what it owes, its offices could be closed up to three
days, said Jose Cedillo, of the tax collecting agency, reported ABN news agency.
However, this does not imply the suspension of its oil extraction
activities, he said.
The Venezuelan government claims Total owes around 108 mln usd in tax
arrears accumulated between 2001 and 2004, to which interest and penalties have
been added.
[e-mail]
afp/jfr/ak

[waldron] 06/3/2006 09:52

Total close to signing contract for new 5 bln usd Saudi refinery

PARIS (AFX) - Total is close to signing a contract for the construction of a
5 bln usd oil refinery with 400,000 barrels/day capacity in Jubail, Saudi
Arabia, Total chief executive Thierry Demarest said in Riyadh.
The refinery would be built jointly with Saudi state oil company Saudi
Aramco.
Demarest did not give a date for when the contract negotiations would be
completed.
"We still need a bit of time," he said, "between a few weeks and a few
months."
[e-mail]
rg/mjs/hjp

[ariane] 16/2/2006 14:20

Tyrihans Development Approved

RNS Number:5308Y
Total S.A.
16 February 2006


Tyrihans Development Approved by Norwegian Parliament

Paris, February 16, 2006 - The Norwegian Parliament has approved plans to
develop the Tyrihans field, located around 170 kilometers offshore
in the Haltenbanken area of the Norwegian Sea in 285 meters of water. Total
has a 21.51% interest in the field and is partnered with Statoil (46.8%,
operator), Norsk Hydro (12%), ExxonMobil (11.75%) and Eni (7.9%).

The project includes the simultaneous subsea development of two structures, one
for oil and natural gas (Tyrihans North) and the other for condensate (Tyrihans
South). The wells will be tied to processing facilities in the nearby Kristin
field, in which Total also has an interest. After separation, the liquids will
be exported via the existing terminal of Asgard and the gas will be piped to the
Karsto plant with output from Kristin

Production at Tyrihans is scheduled to begin in 2009 and is expected to reach an
initial plateau of around 70,000 barrels of oil equivalent per day in 2011.

Together with its recent acquisition of an additional 30% interest in the
Victoria discovery, the development of Tyrihans strengthens Total's position in
Norway and consolidates its growth base in the Haltenbanken area of the
Norwegian Sea.



Total is the fourth largest oil and gas company in the world with operations in
more than 130 countries. Total's activities cover the whole energy chain of the
petroleum industry: exploration, oil and gas production, refining and marketing,
trading and power generation. The Group is also a major player in chemicals.
Total has more than 111,000 employees worldwide. More information can be found
on the company's website: www.total.com





This information is provided by RNS
The company news service from the London Stock Exchange

END

MSCEADAKFDNKEFE

[ariane] 16/2/2006 11:55

Drilling Report

RNS Number:5094Y
Total S.A.
16 February 2006


Libya: Total makes new oil discovery on Block NC 186


Paris, February 16, 2006 - Total (24%) and partners Repsol YPF (operator),
OMV and Saga have made a seventh oil discovery in Libya's Block NC 186,
in the Murzuq Basin 800 kilometres south of Tripoli.

During production testing, the K1 well flowed at a rate up to 2,300 barrels of
oil per day.

Three of the previous discoveries on the Block NC 186 have already been
developed.

All the discoveries are near to the El Sharara field in block NC 115 which
produces around 200,000 barrels per day of low sulphur light oil and in which
Total holds a 30% stake in the foreign consortium.

This latest discovery strengthens Total's position in Libya, where the Group is
operator of the Al Jurf offshore field and of the Mabruk field in the Sirte
Basin as well as a number of exploration permits.


* * * * * *


Total is the fourth largest oil and gas company in the world with operations in
more than 130 countries. Total's activities cover the whole energy chain of the
petroleum industry: exploration, oil and gas production, refining and marketing,
trading and power generation. The Group is also a major player in chemicals.
Total has more than 111,000 employees worldwide. More information can be found
on the company's website: www.total.com



This information is provided by RNS
The company news service from the London Stock Exchange

END

DRLBQLFFQLBFBBL

[ariane] 16/2/2006 10:49

Repsol YPF discovers crude oil in Libya; sees initial production at 2,300 bpd

MADRID (AFX) - Repsol YPF SA said it has discovered light crude oil in the
Murzuq Basin in southern Libya, with tests producing an initial 2,300 barrels of
oil per day.
In a statement, the Spanish-Argentine oil and gas group said it leads the
consortium that operates the block with a 32 pct stake.
Libyan National Oil Company (NOC), Total, Austria's OMV and Norway's Norsk
Hydro also hold stakes in the consortium, it noted.
[e-mail]
tr/hjp/tr/jlw

[ariane] 15/2/2006 12:50

OMV Strong On Switch From Total

Wednesday, February 15, 2006 6:59:30 AM ET
Dow Jones Newswires



1046 GMT [Dow Jones] OMV (OMV.VI) +2.9% at EUR51.95 as investors switch from Total (TOT) into OMV and also Neste Oil (NES1V.HE), say traders. "The disappointing market reaction to Total's figures caused many investors to swich to other oil companies," says one trader. (MIF/JUM)

[ariane] 15/2/2006 10:21

extract


Summary and outlook

The return on average capital employed (ROACE(16)) for the Group was 27% in 2005
(30% for the business segments), at the level of the best in the industry.
Profitability increased in 2005 for all business segments(17) :

* Upstream ROACE increased to 40% from 36% in 2004.

* Downstream ROACE increased to 28% from 25%.

* Chemicals ROACE increased to 11% from 9%. Excluding Arkema, it
increased to 12% in 2005 from 11% in 2004.

Return on equity rose to 35% in 2005 from 33% in 2004.



In the Upstream, Total is pursuing a strategy of profitable growth that should
translate into production growth of close to 4% per year on average between 2005
and 2010(18). This growth will be particularly significant in Africa, where the
growth rate is expected to be 7% per year on average through 201018. Beyond 2010
the portfolio of projects offers strong visibility, notably thanks to continued
exploration success over the past years and to new giant gas and heavy oil
projects.



In the Downstream, the contribution of new conversion and desulphurization
projects combined with ongoing productivity programs should allow the segment to
achieve a ROACE of 20% by 2010 and increase cash flow from operating activities
by 0.9 BEuro per year in an environment of 25 $/t(19) European refining margins
(TRCV).



In petrochemicals, Total's objective is to continue to increase its polymers
production, particularly in Asia and the Middle East while reducing its fixed
cost per unit. The Chemicals segment continues to target a ROACE of 12% at
mid-cycle by 2010.



As for renewable energies, in a new step forward in the wind energy business,
Total has been selected to build the largest onshore wind farm project in France
in the Aveyron region. The 90 MW project is expected to start up in 2008. In
addition, the Group expects a five-fold increase in the production of its
photovoltaic cells and plans to build a new solar panel factory in Toulouse.



Implementing the Group's growth strategy depends on a sustained investment
program. Using a Euro/$ exchange rate of 1.20, the 2006 Capex budget is about 13.5
B$, including 10 B$ for the Upstream segment(20). Over the period 2006-2010
investments should remain relatively stable.



The net-debt-to-equity ratio for the Group is targeted to remain at around 25%
to 30%.



Total intends to pursue a dynamic dividend policy. Cash flow remaining after
investments and the payment of the dividend will be available for share
buybacks.



The 2006-2007 period will be notable for the size and number of major Upstream
project start-ups, including among them Dalia, BBLT and Rosa in Angola, Dolphin
in Qatar, Surmont and Joslyn in Canada as well as the start-up of the
hydrocracker at the Normandy refinery. The contribution of these start-ups will
be significant by the end of 2006.

During 2006, Total expects to rebalance its Chemicals portfolio by spinning off
Arkema, which is one of the proposals shareholders will vote on at the May 12
Annual Meeting.



Since the start of 2006, the oil market environment has remained globally
favorable, with high oil and gas prices but with European refining margins
significantly below fourth quarter 2005 levels.





To listen to an English translation the presentation to financial analysts by
CEO Thierry Desmarest and senior management today at 11:00 (Paris time) please
visit the Group's website www.total.com or call [phone] in Europe
or 1 334 323 6201 in the United States (code:Total). For a replay, access the
website or call [phone] in Europe or 1 954 355 0342 (code: 690
023).There will be a presentation in English to analysts in London tomorrow at
12:30 (London time) that can be accessed using the same call-in numbers.





This document may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 with respect to the financial
condition, results of operations, business, strategy and plans of Total. Such
statements are based on a number of assumptions that could ultimately prove
inaccurate, and are subject to a number of risk factors, including currency
fluctuations, the price of petroleum products, the ability to realize cost
reductions and operating efficiencies without unduly disrupting business
operations, environmental regulatory considerations and general economic and
business conditions. Total does not assume any obligation to update publicly any
forward-looking statement, whether as a result of new information, future events
or otherwise. Further information on factors which could affect the company's
financial results is provided in documents filed by the Group and its affiliates
with the French Autorite des Marches Financiers and the US Securities and
Exchange Commission.



The business segment information is presented in accordance with the Group
internal reporting system used by the Chief operating decision maker to measure
performance and allocate resources internally. Due to their particular nature or
significance, certain transactions qualified as "special items" are monitored at
the Group level and excluded from the business segment figures. In general,
special items relate to transactions that are significant, infrequent or
unusual. However, in certain instances, certain transactions such as
restructuring costs or assets disposals, which are not considered to be
representative of normal course of business, may be qualified as special items
although they may have occurred within prior years or are likely to recur within
following years.

In accordance with IAS 2, the Group values inventories of crude oil and
petroleum products in the financial statements in accordance with the FIFO
(First in, First out) method and other inventories using the weighted-average
cost method. However, in the note setting forth information by business segment,
the Group continues to present the results for the Downstream segment according
to the replacement cost method and those of the Chemicals segment according to
the LIFO (Last in, First out) method in order to ensure the comparability of the
Group's results with those of its main competitors, notably from North America.
The inventory valuation effect is the difference between the results according
to the FIFO method and the results according to the replacement cost or LIFO
method.

In this framework, performance measures such as adjusted operating income,
adjusted net operating income and adjusted net income are defined as incomes
using replacement cost, adjusted for special items and excluding Total's equity
share of the amortization of intangibles related to the Sanofi-Aventis merger.
They are meant to facilitate the analysis of the financial performance and the
comparison of income between periods.

[ariane] 15/2/2006 09:27

Total Q4 adjusted net 3.05 bln, low end of expectations; FY EPS up 35 pct
UPDATE

(adds info on stock split, results breakdown by business, oil price
assumption)
PARIS (AFX) - Total SA said fourth quarter adjusted net profit was 3.05 bln
eur, up 16 pct from a year earlier and near the low end of analysts'
expectations of 3.0-3.3 bln.
It also announced plans for a four-for-one stock split, and for a 20 pct
rise in its dividend for 2005 to 6.48 eur per share.
Full year adjusted net profit was 12.00 bln eur, up 3.1 pct and at the
bottom of the expected range.
Full year adjusted EPS was 20.33 eur, up 35 pct, as sales rose 17 pct to
143.168 bln eur.
Total estimated its proven plus probable reserves at 20 bln barrels of oil
equivalent, and said its replacement rate for proven reserves was 120 pct in
2005.
The company expects to raise output by an average 4 pct per year between
2005 and 2010.
It also presented financial scenarios that revealed an assumption that Brent
crude oil will be 40-50 usd per barrel in 2006.
Total said it will invest in adapting its refineries in Europe and the US to
better meet market demands, and will develop its petrochemical business in Asia.
Fourth quarter adjusted operating profit was 6.330 bln eur, up 24 pct and
within the expected range. Full year adjusted operating profit was 23.669 bln
eur, up 37 pct.
Exploration and production activities contributed 5.000 bln eur to the
fourth quarter adjusted operating profit, up 43 pct on the year. They accounted
for 18.421 bln of the full year figure.
Refining and marketing activities contributed 1.083 bln to the fourth
quarter total, down 11 pct, and accounted for 3.899 bln of the full year total,
up 21 pct. Total cited narrower refining margins as a reason for the fourth
quarter's drop.
Chemicals contributed 247 bln eur to fourth quarter adjusted operating
profit, down 47 pct, and accounted for 1.349 bln eur of the full year figure, up
19 pct. It noted that margins were weak.
Total set May 18 as the date for the spin-off of its Arkema chemicals unit.
It previously had only announced the month.
[e-mail]
mjs/ec

[ariane] 15/2/2006 07:57

Total Q4 adjusted net 3.05 bln, near low end of expectations; FY EPS up 35 pct

PARIS (AFX) - Total SA said fourth quarter adjusted net profit was 3.05 bln
eur, up 16 pct from a year earlier and near the low end of analysts'
expectations of 3.0-3.3 bln.
Full year adjusted net profit was 12.00 bln eur, up 3.1 pct and at the
bottom of the expected range.
Full year adjusted EPS was 20.33 eur, up 35 pct, as sales rose 17 pct to
143.168 bln eur.
The company said it plans a 20 pct rise in its dividend, to 6.48 eur per
share.
It estimated its proven plus probable reserves at 20 bln barrels of oil
equivalent, and said its replacement rate for proven reserves was 120 pct in
2005.
The company expects to raise output by an average 4 pct per year between
2005 and 2010.
It will invest in adapting its refineries in Europe and the US to better
meet market demands, and will develop its petrochemical business in Asia.


[e-mail]
mjs/ec

[waldron] 09/2/2006 10:52

Paris shares AFX market data at 11.0 am; Pernod, Renault underperform

PARIS (AFX) - Market data at 11.00 am:

Major indices:
CAC-40 up 0.67 pct or 32.44 points at 4,927.52
SBF-80 up 46.93 points at 5,569.14
SBF-120 up 22.56 at 3,567.29

Volume: 1.326 bln eur
12 CAC-40 stocks down
27 CAC-40 stocks up
1 CAC-40 stock unchanged

Major gainers:
-Danone, up 2.00 eur up at 90.55
-Societe Generale up 1.40 at 111.40. China's largest steel maker Shanghai
Baosteel Group Corp has joined Societe Generale's consortium to bid for a stake
in the Guangdong Development Bank.
-Arcelor up 0.23 at 29.54 after news that the US Justice Department has
begun an anti-trust investigation into Mittal Steel's 18.6 bln eur takeover bid
for Arcelor.
-Lagardere up 0.55 at 67.75, after reporting a 5.3 pct increase in full-year
media sales to 7.9 bln eur and reaffirming its 2005 earnings guidance.
-Havas, up 0.12 at 4.00, after reporting fourth quarter organic growth of
1.8 pct, beating its own forecast of 1.7 pct.

Major losers:
-Pernod Ricard, down 5.90 eur. The group raised its EPS guidance on the back
of a 66.7 pct increase in H1 sales to 3.27 bln eur, but with organic growth in
its European and North American markets disappointing investors, dealers said.
-Renault, down 6.30 at 145.90, after reporting a full-year operating margin
of 3.2 pct, against 5.2 pct a year earlier and said it sees this falling further
in 2006 to 2.5 pct.

Most active stocks:
-Renault in volume of 344.62 mln eur
-Total, up 2.4 at 218.30, after yesterday's losses, in 124.39 mln eur
-Pernod volume of 90.26 mln eur
[e-mail]
lg/jfr/lg/joy

[waldron] 07/2/2006 15:40

Total "buy," target price raised

Monday, January 30, 2006 6:50:54 AM ET
ING Financial Markets

LONDON, January 30 (newratings.com) - Analysts at ING Financial Markets maintain their "buy" rating on Total (PFP.PSE). The target price has been raised from €240 to €254.

In a research note published this morning, the analysts mention that the company's final dividend for the current year is expected at €6.5 per share, exhibiting a 20% rise relative to 2004. According to the analysts, Total's returns are likely to benefit from Arkema's spin-off during May and the former company's share buybacks are expected to be bolstered by the sell-down of capital reserves of €14 billion in Sanofi-Aventis from 2007 onwards.

[waldron] 07/2/2006 15:34

Total SA oil company to go to trial in France for 1999 oil spill, officials say       

By Pierre-Antoine Souchard
ASSOCIATED PRESS


6:19 a.m. February 3, 2006


PARIS – French oil company Total SA will face trial in Paris for its suspected role in a 1999 oil spill that blackened large swaths of the coast of western France, judicial officials said Friday. The Maltese-registered "Erika" tanker, hauling fuel oil owned by a unit of Total, split in two and sank in rough seas in December 1999.

The judge investigating the case has ordered the company to go on trial but has not yet set a date, judicial officials said. The officials did not want to be named because the case is ongoing.

The oil company faces charges of "pollution" and "complicity in endangering people and property," the officials said. Judicial officials say the boat was corroded and had cracks in it, and that Total should have noticed when it chartered the ship.

At least 10,000 tons of oil leaked into the sea and washed up on the region's coastline, killing thousands of birds and leaving beaches coated with tarry oil.

Others to be brought before the court in the case include Italian company Registro Italiano Navale, or RINA, which had inspected the vessel before it sank; Erika's owner Giuseppe Savarese; Erika's captain Karun Mathur; and Antonio Pollara, an official with the Italian company Panship who was in charge of technical assistance.

Two Total units, Total Petroleum and Total Transports, will also be tried. The oil company did not immediately return a call seeking comment.

[happyjoe] 15/10/2003 05:46

What's this about?

[sednoc] 07/3/2003 14:38

I opened an account with Tspeak about 6 weeks ago and received my first statement last week. Very impressed with the billing and breakdown and better still charges are around 50% less than BT ALL IN ALL WELL WORTH THE SWITCH TO t-speak