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Technology Stocks : Breakaway Solutions Inc-(BWAY)
BWAY 16.85-0.8%Oct 31 9:30 AM EDT

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To: Investor Clouseau who wrote (162)6/30/2001 1:04:30 AM
From: Investor Clouseau  Read Replies (1) of 178
 
The reason for them allowing themselves to be de-listed. This guy finally hit it on the head. I think there will be a fight over the company though.

See June 6 PCLN news (Hutchison Whampoa)
See June 14+22 ICGE news (ICG Asia)

By: mouthoftheyear
Reply To: 3087 by julyfestival Friday, 29 Jun 2001 at 10:27 PM EDT
Post # of 3089


BWAY would be bought out by ICG ASIA!!!? Why? Hutchison agreed to buy out ICGASIA from ICGE and the deal is going to be completed and signed soon. One clue people is overlooking that ICGASIA also takes over 100% of Breakaway Asia Pacific Ltd from BWAY. Why, and what next? Hutchison is going to use ICGASIA to buy out controlling interest in BWAY once the deal is officially approved and signed. At that time, BWAY will be back to NAZ and be rocketed to $6 or $8. Check PCLN - Hutch average costs in PCLN was only about $2.5 to 2.8 and now over $8....

(Voluntary Disclosure: ST Rating- Buy)
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