360networks formerly Worldwide Fiber Inc. Message Board

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Technology Stocks : 360networks formerly Worldwide Fiber Inc.

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To: The Devil Dog who wrote (69)	3/24/2000 12:24:00 PM
From: Digital-Fluid.com	Read Replies (3) of 125

CNI & SJR best way to profit from IPO If you have ever tried to get in on a hot IPO, you already know that it will be virtually impossible to get an allocation of the 360networks IPO. The most realistic way to profit from what will be this year's most successful IPO is to buy the two North American-traded companies that have the biggest equity stake in 360networks. Canadian National Railway (CNI, CNR on TSE) is expected to receive approximately 9.4 million shares of 360networks. Another company that will profit from the IPO will be Shaw Communications (SJR, SJR.b on TSE), which has an equity investment of $100 million in 360networks. Wayne, you misunderstood the news about Rogers. Shaw owns the national backbone company and Rogers is paying Shaw C$125 million for a minority interest in Shaw's company and the right to purchase 25% of Shaw's investment in 360. See finance.yahoo.com for all the news. To summarize, the biggest bang for your IPO buck is to buy SJR and CNI, not Rogers or GT Group Telecom. Diligently Yours, Digital-Fluid

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