FTE - France Telecom

What do you do with a stock like this? FTE has absolutely fabulous dividend yield (14.2%) - largest among large corporations. A strong market position - and falling prices for more than four years - from almost 40 to around 10 now.

The short term outlook does not seem to be stabilizing - but given its history, one would need more than a little support to go long on this. It will not have another dividend payout for more than 6 months so I am not sure whether the dividend level is a factor in short term outlook.

At the very least, I am going to follow the stock going forward with an intention of going long at least for a short term play and potentially as a long term option given the excellent dividend yield.