CSN-Convergys (NYSE) Message Board

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Technology Stocks : CSN-Convergys (NYSE)

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To: IngotWeTrust who wrote (44)	8/3/1998 3:51:00 PM
From: Trader Harvey	of 84

Couldn't agree with you more. Currently scheduled to be effective some time next week, CVG's shares should open with or quickly go to a 50%+ premium, despite the lackluster second quarter and so-so third-quarter outlook. It isn't every day that an investor can buy an IPO containing the world's number-one telemarketer and the world's number-one cellular billing company. However, the best play is to buy CSN. Assuming CVG goes to a 50% premium, well over 60% of CSN's value will be in the 80%+ of CVG it owns and will soon be spinning off. The balance of CSN, now a relatively pure LEC play(some IXC and other), is likely to become acquisition bait over time. Would have liked to have bought CSN options, but none available have reasonable liquidity.

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