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Technology Stocks : Clearnet, the Canadian wireless play (CLNTF)

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To: Bron-y-aur who wrote (92)1/25/1999 11:48:00 AM
From: ZEUS  Read Replies (1) of 214
 
To Everyone,

Some excellent news. As I have mentioned before, the Bell deal is a friendly offer. I have now found out that Bell has apparently put in a friendly offer for $21 Canadian which was quickly rejected by the company. To make matters more interesting, we may now have a bidding war at hand. Apparently, I have heard that not only is BC Tel/Telus interested, but so is Sprint. Fantastic!!!!!
I have been told that the company is looking to get $30/share (Canadian). Negotiations with Bell will continue and do not be surprised if something is leaked to the media soon. May help expedite the negotiations. Based on the fact that we now have a new player, I truly would not be surprised if Clearnet did in fact get $30 or something very close to it.
Based on these new development, I have advised some friends of mine to buy on any weakness this week. Things are looking really good!!!!

Cheers,
ZEUS
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