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Gold/Mining/Energy : Manitoba Telecom (MBT: TSE/MSE)

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To: Wallof Confusion who wrote (11)7/27/1997 6:10:00 AM
From: Grislee bear   of 24
 
The installment receipts are available to any Canadian resident (sorry to all of our US friends!) I bot a bunch of them instead of the full share due to the high yield about 7.5% The company looks good following the same model as (t) TELUS corp which went public a few years back at about $14 a share now $26+ MBT has about half of T's revenue however they only have half (about 70 million shares out) compared to 141milln for TELUS. With the explosion in technology (Internet etc. PCS wireless and ever expanding celluar use) MBT is positioned to grow earnings for years to come. I think there is much more upside in MBT, massive cash flow, huge infrastucture in place & (especially if BCE (Bell Canada) decides to aquire MBT.

Griz
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