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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: WINDSURFER50 who wrote (233)	6/10/1999 12:35:00 AM
From: Kitskid	Respond to of 11633

RYL has made a bold offer. RYL is less then 50% of HOT.un value based on the stock price. It would be more logical size-wise for HOT to buy out RYL. I don't know anything about the management of either company. The conference call made a logical argument for the merger (takeover), but the RYL spokesmen came across as being unpolished. I really expected a slicker presentation. There were no questions at the end of their presentation. Had I been listening to the live broadcast I would have asked where they got the odd-ball 1.19 share number from. I hope it wasn't from their marketing people. You sell for 0.99, 1.19 etc. And you make offers on the even tens. At least that's the way normal sales people seem to do it.