Company stableStock prices have droped (imperical evidence there) but TELUS is a very stable company that has been caught at a bad time moving from an old VALUE stock to a GROWTH company.
Take a look at the balance sheet, TELUS is selling bricks and mortar and is aquiring talent and technology that will rapidly grow the business. Even with the economic slow down TELUS is pretty well meeting targets.
In a couple of years from now, I am sure we will see TELUS as one of the telcos that...."GOT IT" and we will WONT even see the others that are currently focusing on the old telephone world.