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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO

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To: M. Merriam who wrote (547)4/19/1999 6:17:00 PM
From: Ciao  Read Replies (2) of 1762
 
Mike, I saw the stock move up today, so I took it as a cue to call Andrew Wong to get some info. Here is what I learned;

1) revenues from Fibersmart will show up in the current fiscal year
2) Canacord has a proposal on the table as their investment banker,
the plan includes listing on the TSE
3) TOM is negotiations with a NA telecommunications company wrt
a joint venture, negotiations are in the late stages
4) TOM's subsidiary is considering listing on the Hong Kong index

all very positive, it appears our wait is over as some positive developments are coming to fruition.

I also asked Andrew if he knew if there was a recommendation on the company and he responded no. Some "informed" must be positioning themselves. I suspect that there may be news out soon.
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