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Vodafone (VOD)

11.11.08

Vodafone lowers its guidance again.

Vodafone has lowered its guidance again and now expects revenues this year in the range of £38.8bn to £39.7bn, compared with its previous forecast of 39.8bn to £40.7bn. Despite this the shares have rallied and this could be a shorting opportunity for a retest of the sub 100p zone.

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