BCE Blue chip growth stock Message Board

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Gold/Mining/Energy : BCE Blue chip growth stock

BCE 22.87

-1.1%

Oct 31 5:00 PM EST

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To: Gold Panner who wrote (253)	4/16/2002 12:55:43 PM
From: CIMA	of 275

Teleglobe Noteholders Form Committee >BCE (djones) NEW YORK (Dow Jones)--U.S. and Canadian institutional investors holding a substantial portion of the U.S. and Canadian notes of BCE Inc. 's (BCE) Teleglobe unit have organized as an ad hoc committee to "review the situation" at Teleglobe. In a news release, Bingham Dana LLP said the noteholders have assembled in response to BCE's "troubling" press release issued on April 8 in connection with its Teleglobe operations, and the severe rating agency downgrades of about $1.2 billion of Teleglobe's notes. The committee has appointed law firm Bingham Dana LLP as its counsel. Bingham Dana said that, "to the extent BCE Inc. 's April 8 announcement implies the consideration of any possible course of action other than continued full support, the committee members will need to review their alternatives carefully in order to ensure that their interests as BCE Teleglobe public noteholders are properly preserved and protected." BCE Inc. , Montreal, is Canada's largest telecommunications company. Company Web Site: bce.ca -Wendy Tsau, Dow Jones Newswires; 416-306-2100 DOW JONES NEWS 04-16-02 11:37 AM Copyright (C) 2002 Dow Jones & Company, Inc. All Rights Reserved.

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