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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)

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To: Drake who wrote (1528)3/17/2000 8:12:00 PM
From: pjd22  Read Replies (1) of 1606
 
Hey Drake,
Nice list of customers. Hopefully they'll announce a few more deals in the next little while. In the meantime check this out. I wonder if Nortel has been adding to what appears to be a 14% stake in Plaintree. It's interesting to see the timing of the Nortel conversion into common shares the day before Plaintree announced the amendment to the Targa deal. At these prices maybe they'll buy the 10 million from Taurus who is doing the Private Placement for Plaintree. Just a thought.

Do your digging folks, there's a good story out there. More deals to be announced, more acquisitions to come with the $10 mil they are raising, how about a profit for year ending Mar. 31, 2000...

Stay tuned for the next chapter....it gets better:)!

98-06-03 Nortel and Plaintree Systems Forge Strategic Relationship
plaintree.com

99-08-16 Plaintree enters into Amalgamation Agreement with Targa Group Inc.
plaintree.com

99-11-03 From SEC Edgar Database - BCE/Nortel files notice to convert to common shares upon approval of Targa deal giving Nortel a 14% stake in Plaintree (see 99-11-18 filing)
sec.gov

99-11-04 Plaintree Announces Amendment of Targa Group Deal
plaintree.com

2000-02-11 Plaintree Systems Closes Deal With Targa Group
plaintree.com

2000-03-01 Plaintree Systems Announces 3rd Quarter Results
plaintree.com

2000-02-14 Plaintree Systems Signs $1 Million Contract With U.S. Navy
plaintree.com

2000-03-13 Plaintree Enters Wireless Networking Space
plaintree.com

2000-03-14 Taurus Capital Selected as Agent for Plaintree Systems
plaintree.com
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