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Strategies & Market Trends : Shaw Communications (SJR)

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To: Paul A who wrote (1)3/24/2000 12:50:00 PM
From: Digital-Fluid.com  Read Replies (1) of 9
 
More great news

Shaw will again make a huge profit from an IPO. It has invested C$150 million in 360networks. It also owns 28% of GT Group Telecom, which has its own C$50 million investment in 360networks.

The other big winner from this IPO will be Canadian National Railway Co. (CNI, CNR on TSE). It has exchanged its minority stake in two joint venture firms controlled by 360networks for common stock. CN Rail is expected to receive about 9.4 million shares of 360networks before the company's IPO. CNI & SJR best way to profit from IPO. See finance.yahoo.com for all the great new news.
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