telephonica is totally misunderstood. because it's a spanish based company doesn't mean their debt as a sofrpblg debt problem with spain. it could be defaulting. at the he phonica operates in brazil a cross latin america. no matter how bad the economy is people are moving to cellphones. this is a data communications. you can't go wrong with that dividend. a great stock for your portfolio and protection. >>tom: you like a fixed line, utilities, national grid in the uk and new england in the us. a good looking stock chart. has dropped off lately but a big dividend for this utility. >> yes. 6 percent on national grid mgg. a lot of people haven't heard of mgg, it's a uk based utility infrastructure play. but they have bought up national grid via plum property, plum utilities across the united states mainly the northeast. a propertiable company. i recommend it for safety. great utility with geographical ter toy. >> tom: let's get for viewer e-mails asking for updates. john asked us this about telvent receiving a buy out offer.