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

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To: irieman who wrote (55)12/17/1998 4:47:00 PM
From: ZEUS  Read Replies (1) of 214
 
To Everyone,

I do not know if this thread is alive or not. Anyhow, if anyone is still following this stock, I have heard some really interesting rumors that Clearnet is being pursued by Bell Mobility in a "friendly" takeover. Canada can not sustain 4 major cellular companies. Clearnet is not to far off its 52 week low and a takeover makes sense. The company has done very well in signing up new customers, but still has a very sizeable debt. The stock has gone up over a dollar in the last 2 trading sessions. I think that this rumor may indeed come to fruition. Has anybody else heard anything with respect to this?

ZEUS
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