Couple of random, unrehearsed, unresearched thoughts...
Thanks for a Shaw thread.
re: Shaw investment in @home
I believe they put some sort of a collar around much of the @home shares in a deal with Griffiths McBurney. I need to check this out, but I am quite certain they entered into some sort of forward sale or like transaction. Not a big deal for the share price, but we need to understand the investment portfolio more and more as Shaw evolves.
re: your comment that Shaw's investment in 360Networks will be a 10-bagger and your comparison with 724 Solutions IPO.
My own hunch on 360Networks is that it will be a successful IPO, but not a moonlaunch. The IPO will value TSIX at about $12 to $16 billion at the IPO price. Level3, Qwest, Global Crossing all worth about $40 billion. That's got to be about the upper bound, no? A ten-bagger would make it one of the top 30 market caps in the world!! Hey, I'm optimistic on Shaw and 360Networks. But, c'mon. Anyway, I hope I am being overly conservative, I hope 360Networks goes ballistic. Yep, that would be very nice ;) |
