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Technology Stocks : Clearnet, the Canadian wireless play (CLNTF)

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To: irieman who wrote (51)7/12/1998 8:37:00 AM
From: Fyodor  Read Replies (1) of 214
 
Cleanet released great Q2 subscribers numbers this week (52k) which I had expected would push up the stock - but nothing. My impression is that the market will wait until the other three (Microcell, Cantel and Bell) report Q2 subscribers in order to evaluate Clearnet on a relative basis.

When this happens, I expect Clearnet will still look good (and even better when all the details come out such as churn and COA). The stock should rebound then to at least the recent secondary issue price.
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