Air Canada is taking off? Message Board

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Gold/Mining/Energy : Air Canada is taking off?

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To: Serge Collins who wrote (911)	10/27/1999 2:23:00 PM
From: Alomex	Read Replies (1) of 1033

There's a lot of noise coming out of Onex these days, and amidst the cacophony, investors have forgotten to take a close look at Onex to see what kind of company the would be suitor is. I have taken that look and must say I don't particularly like what I see. Let's see, if you had invested $1,000 in AC 11 years ago you would have right now $813. If you had invested in Onex at that time, you would have $9,446. Onex will issue an improved offer soon. Shareholders should have been able to compare that offer with UAL/Lufthansa's and take their own informed decision, but given today's disclosure of the poison pill it seems that chance won't be there at all! How's that for good management? It seems AC management is more concerned about keeping their jobs than finding the best suitor (whoever it may be) for AC.

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