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Gold/Mining/Energy : Rogers Communication

RCI 37.55

-0.7%

3:59 PM EST

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To: Sleeperz who wrote (72)	1/12/1998 11:30:00 AM
From: hsg	Read Replies (1) of 189

I continue to be optimistic that this is the bottom, in terms of share price for Rogers. I agree with the prior post about the preferred shares, it is a form of debt, but it is not hidden and anyone looking at the company see's it there...does it understate the debt? I'm not sure if the 5b takes it into account, but your point is taken. Why I see RCI.B moving up: cashflow continues to move towards positive values...revenues are increasing...costs are decreasing...I expect to see Cantel (which is holding it down) shedding jobs and cutting costs with announcements this month (from the new president who starts today)...ever hopefull, hsg...

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