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Gold/Mining/Energy : T.TSE Telus Corp.
T 24.85+0.1%Dec 31 3:59 PM EST
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To: Crusader who wrote (33)4/8/1998 10:39:00 PM
From: frankl   of 107
 
I believe their network extends between Montreal and Vancouver, with switching hubs (Nortel?) in every major center. On price, just guessing that such a network plus the subscriber base might be worth about $100 / share CDN. With approx 8.5 million (?) shares out that's still less than $1 billion. If Bell wanted to buy out Telus it would cost them 6 to 7 times that. Also, a piece today in the Financial Post speculating that Telus may also take a run at Fonorola if the AT&T deal craters. Regards, fp
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