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Gold/Mining/Energy : Loews Cineplex Entertainment (LCX) (was CPX)

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To: Ron Wargo who wrote (208)5/12/1998 11:00:00 AM
From: musicguy  Read Replies (1) of 295
 
This was posted a bit earlier..

"Just talked to Howard at investor relations for
CPX (416)323-6600. He said earnings will not be reported, period.
This is due to the merger. He appeared to be very tightlipped
and did not volunteer any information.
I guess they have to keep silent, because they are in a quiet
period and cannot make any statement until the merger
is formally announced. This is in SEC/NASD regulation compliance.

DT "

I see the sense in this... they don t want to release positive earnings statement... stock would be impossible to hold down as they have so far.

They don't want price going up before merger. Merger (I believe) sooner than expected, and that is the news we should be waiting for...

MG
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