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Gold/Mining/Energy : Air Canada is taking off? -- Ignore unavailable to you. Want to Upgrade?


To: Serge Collins who wrote (846)9/22/1999 5:05:00 PM
From: zakynthos  Read Replies (1) | Respond to of 1033
 
A thought crossed my mind as I've been watching our shares gently drift down to the 9.80 - 9.95 range.For what it's worth (and I'm not savvy enough to know) here it is: Schwartz has repeatedly stated that he will not better his offer, he has bought a bundle of shares prior to the gov't. lifting of the anti trust conditions, (ie in the $6.00 range), he can see that 8.25 isn't going to cut it; can he have decided to quietly divest himself of his shares at a handsome profit? Any thoughts on what the Gov't. might do in the event of a Scwartz pullout? It seems to me that there is very little room for them to prop Canadian up with more money. There is even less room for them to support a made in USA solution.



To: Serge Collins who wrote (846)9/22/1999 5:13:00 PM
From: jack BROSS  Respond to of 1033
 
to SERGE, I AGRREE ONE HUNDRED PERCENT.
CANADIAN IS ANOTHER EATON it willsink
ac will buy the route , and i hope for less than 400mlnwhich is a lot of cashflow or a 4dollar buy action.
i hope ac wont double the shares.
one of the thing that could happe is another offer in strategic alliance with their partners and injection of money which would put the stock to 18 dollar in the fever .
if you have shares keep them until the battle is finished
thanks jack bross



To: Serge Collins who wrote (846)9/24/1999 2:43:00 PM
From: swidnik  Read Replies (2) | Respond to of 1033
 
Do you agree that 2 major airlines cannot operate and make shareholders happy in this small country? If so, you need to understand that this is a good deal for both companies.

What are you saying that government is doing with Onex? On the contrary, they have finally opened the gates for AC and CA to start discussions. I'll agree, the government has protected Ca from going under, but what is done, is done, and it is now time for AC, and its shareholders, to get a hold of the Asian market, have great partners who will fly passengers to Vancouver, for the new AC to fly them to Asia. That's virtually free money. Remember, AA does not have a hold of Asia, and they will give you free passengers, the kind where you need only get an airplane, cook some food, play some movies, and reap the rewards.

5,000 jobs will be lost through early retirement and stuff. Big deal. You wanna talk about propaganda, look at you and your fear of lost jobs, you know just as well as me that they are not real lost jobs, just some happy people going home to enjoy life.

One more thing, in business you cannot just look at a few people who will get to fish more, I mean, this is a wild field, and if something does not happen in Canada, we will not have a great airline like many other small countries have. Think of a Canadian KLM or Swissair. In other words, stop playing peoples emotions (i.e. job losses), and start discussing business.

later,
swid