BCE Blue chip growth stock Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : BCE Blue chip growth stock

BCE 22.67

-0.8%

Nov 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sili Investor who wrote (195)	2/26/2000 9:29:00 PM
From: jack bittner	Read Replies (1) of 275

I first bought bce when it was at a $7 premium to nt. then i saw the premium narrow constantly. Around feb 18 they were almost at parity; and now i see nt at $1 or so premium to bce! A large stock like bce is studied by every smart guy in the market. Plenty of them have access to data we only read of in the papers when it's too late. it's unlikely that bce is mispriced relative to nt. all of those stockateers can multiply by .78 and can calculate a p/e ex-nt earnings; and they can do much more sophisticated analyses based on tons of data. this remarkable change in the spread is telling us something, and we should pay attention. it could because the nt spinoff is taxable to US holders. But the market wiseguys have plenty of tax deferred and non-taxable funds. I think the market is telling us it lacks confidence in bce. I have taken my cue and have switched my bce holdings for nt.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next