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Gold/Mining/Energy : BCE Blue chip growth stock

BCE 23.17

+3.5%

Nov 6 4:00 PM EST

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To: eric r. f. who wrote ()	5/20/1997 10:43:00 PM
From: Dave.S	of 275

Eric: BCE is becoming almost a pure holding company for Nortel, consider. At $108 Cdn., NTL has a capitalization of $28.3 billion (261MM shares). BCE has 51% of NTL = $14.43 billion. BCE has 636MM shares @ $35 = $22.3 billion Thus 65% of the value of BCE is NTL! Dave.

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