BCE Blue chip growth stock Message Board

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Gold/Mining/Energy : BCE Blue chip growth stock

BCE 23.17

+3.5%

Nov 6 4:00 PM EST

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To: Robert Salasidis who wrote (72)	10/28/1999 12:46:00 AM
From: jim	of 275

From the NT thread. This type of discussion can only help the shares of BCE BCE's results rise, says could spin off Nortel By Robert Melnbardis TORONTO (Reuters) - BCE Inc. , Canada's biggest telecommunications conglomerate, posted strong results in its third quarter but said it might consider spinning off a strong contributor to its bottom line -- affiliate Nortel Networks Corp. In a telephone conference call, BCE President and Chief Executive Jean Monty said the ''high'' discount on the conglomerate's share price has been a hot topic with investors who have been wondering whether it would help to spin off 41-percent-owned Nortel, one of the world's biggest telecom equipment makers. ''If the discount is not reduced over time by the operational initiatives that I have just referred to, we might consider structural changes to the group, including the possible spin out of Nortel,'' Monty told analysts in a conference call. ''However, I am not going to speculate with you on the likelihood of this scenario, and that is all I will have to say about Nortel today,'' he added.

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