lifeasdaddy - Who to believe: The Sydney Morning Herald or The Australian Financial Review?

Australian telecommunications behemoth Telstra, majority owned by the government, is currently preparing to publicly float a third tranche of shares.  This float is called T3.

There's been plenty of talk in the media over the past few weeks about the pros and cons of buying shares, and plenty of media hype, and spin.

Here is today's story about T3 in the Sydney Morning Herald by Matt O'Sullivan:

The headline reads, "Wealthy clients lap up T3 but Japanese not too keen".

Here is today's story about T3 in The Australian Financial Review by Tony Boyd:

The headline reads, "Japanese jump on board the T3 wave".

Confusing, no?

Confusing, yes?

Both newspapers are part of the same publishing house, Fairfax Media. 

{Disclosure:  The author holds John Fairfax Holdings Limited shares}