BCE Blue chip growth stock Message Board

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Gold/Mining/Energy : BCE Blue chip growth stock

BCE 22.29

-1.7%

Nov 4 4:00 PM EST

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To: Colin who wrote (114)	1/28/2000 10:05:00 AM
From: Greg Reinhart	Read Replies (4) of 275

both NT and BCE will be issuing NEW shares for old at the close of this deal. Expected date before end of Q1. @ that time you will receive ~109 dollars worth of the new NT shares and a new share of BCE reflecting a 2% ownership in NT. Why I say shares of NT instead of share? With the announced 2 for 1 NT split, plus the 640mil of nt shares BCE will give out, NT's current float of 1.36 billion shares will become 3.36 billion. This is ~a 2.5 increase in qty., which will divide the NT share price by 2.5, but you would still get 109 worth. NT had planned the split for 2 weeks from now, but it's hard to say if they will now do that. This may all get rolled into one deal. The NEW BCE share value should be the price that day - $109.

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