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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?

To: CocoBob who wrote (2414)	10/6/1999 2:26:00 PM
From: HubTech	Read Replies (2) \| Respond to of 3243

I don't know their location. I only know that yesterday they crossed 100K at $3.00 and the day before it was like this: House Positions for CY from 10/04/99 to 10/04/99 Ex House Bought Av/Sh Sold Av/Sh Net $Net A 80 First Marathon 55000 3.25 5000 3.30 50000 -162124 A 73 Sprott 38500 3.22 0 0.00 38500 -123838 A 9 Nesbitt 20800 3.20 15055 3.21 5745 -18226 A 87 Wolverton 7500 3.20 2000 3.34 5500 -17320 A 41 Latimer 6000 3.22 1600 3.00 4400 -14515 A 43 Merit 2000 3.17 0 0.00 2000 -6340 A 85 ScotiaMcLeod 7100 3.27 6000 3.11 1100 -4588 A 18 Georgia Pacific 10000 3.23 10000 3.29 0 650 A 68 Rogers 9400 3.20 9400 3.28 0 750 A 35 Canaccord 6500 3.30 7700 3.26 -1200 3617 A 48 Yorkton 355 3.11 1850 3.23 -1495 4878 A 63 Levesque 100 3.00 2500 3.13 -2400 7525 A 90 Gundy 9450 3.23 12200 3.22 -2750 8699 A 26 Haywood 0 0.00 3200 3.24 -3200 10366 A 82 DS 2000 3.17 9200 3.25 -7200 23565 A 59 James Capel 200 3.38 7500 3.11 -7300 22639 A 91 CT International 6300 3.20 16800 3.30 -10500 35201 A 6 Green Line 18000 3.25 30400 3.22 -12400 39357 A 78 CT Services 0 0.00 17300 3.27 -17300 56644 A 52 McDermid 42000 3.20 60500 3.21 -18500 59681 A 39 Midland 6000 3.15 29000 3.18 -23000 73379 Total 247205 3.22 247205 3.22 0 0

To: CocoBob who wrote (2414)	10/7/1999 6:30:00 AM
From: LABMAN	Respond to of 3243

CALL-NET could be a takeover candidate, Cybersurf could also be in play Call-Net ready to talk to BCT.TElus Telecommunications company says it's open to overtures about selling all or part of its operations PETER KENNEDY British Columbia Bureau Thursday, October 7, 1999 Vancouver -- Call-Net Enterprises Inc. says it is ready to talk immediately about selling all or part of its operations to BCT.Telus Communications Inc., even before it faces down its dissident shareholders next week. Call-Net chairman Lawrence Tapp says in a letter to BCT.Telus that he is prepared to begin talks anytime, including before an Oct. 14 meeting with a group of dissident shareholders led by Crescendo Partners LP of New York. Mr. Tapp also said Toronto-based Call-Net has received the backing of Sprint Corp. of Kansas City, Mo., which it said has pledged to vote its 1.1 million Call-Net shares in favour of management's "Canadian-focused business plan" and against Crescendo's resolution to oust the Call-Net board. "Other then that, they don't have anything more to say," a Call-Net official said yesterday. Having plunged from as high as $15.25 on Jan. 7, Call-Net shares responded by rising 70 cents to $9.70 on the Toronto Stock Exchange yesterday. BCT.Telus shares also increased 75 cents to $31.50. Mr. Tapp's letter is a response to BCT.Telus chief executive officer Brian Canfield's letter in which he expressed interest about the possibilities of buying all or part of Call-Net's operations. The letter was brought to light by Crescendo, a U.S. vulture fund that wants Call-Net shareholders to support its bid to oust the current board at a special meeting Oct. 14 and begin selling off the company's assets. Analysts, meanwhile, are interpreting Mr. Canfield's letter as a signal that BCT.Telus is moving away from its plan to build its way into Eastern Canada in favour of a buy strategy. Canada's second-largest telephone company, BCT.Telus is currently spending about $260-million to challenge Bell Canada's markets in Eastern Canada by building its own fibre-optic lines across the country. But analysts say the Burnaby, B.C.-based company has decided it could do it much more quickly by acquiring Call-Net's eastern networks and customer base either by way of a merger or business combination. In an interview, BCT.Telus spokesman Jeff Welke played down the companies' interest in Call-Net. "This is an expression of interest," said Mr. Welke. "That is all it is." He also said the letter from Mr. Canfield does not necessarily represent a change in strategy since the company's former CEO George Petty announced his resignation last month. At the time, Mr. Petty told reporters he was stepping down after the board vetoed a proposal to make an acquisition -- believed to be either wireless phone firm Clearnet Communications Inc. or Call-Net, a long-distance company. Despite Mr. Petty's resignation, BCT.Telus has always been looking at acquisitions or opportunities for growth that would be in the interests of shareholders, Mr. Welke said. What may have changed since Mr. Petty's resignation is that Call-Net's assets have become cheaper to buy because of the Crescendo plan to sell off assets. Additionally, BCT.Telus is under growing pressure from shareholders to speed up its Eastern expansion. "Central Canada is the place for BCT.Telus to grow," said Iain Grant, a telecommunications analyst and managing partner with Brockville, Ont.-based Yankee Group in Canada. Analysts said yesterday that BCT.Telus had been reluctant to mount a bid for Call-Net because of the company's $2-billion debt. "That was a real obstacle for them in the past," said Jordan Worth of International Data Corp. (Canada) Ltd. But he said BCT.Telus may be prepared to bid for Call-Net's Eastern Canada networks if they're available at the right price. BCT.Telus is building 48 fibre-optic lines from Edmonton to Toronto in a joint venture with Worldwide Fiber Inc., a unit of Ledcor Industries Ltd. But Mr. Worth said it will only cost BCT.Telus about $2-million to abandon its fibre-building strategy. Report on Business Company Snapshots are available for: CALL-NET ENTERPRISES INC. BCT.TELUS COMMUNICATIONS INC. Sponsored by: TSE 300 35.04 7025.51 DJIA 187.75 10588.34 S&P500 24.05 1325.4 Nasdaq 57.6 2857.2 Montreal 11.7 3717.8 VSE 1.93 424.56 FTSE100 +73 6171 Nikkei +240.2 18136.6 HSeng +95 13113 Delayed 20 minutes. Help. Closing markets Wednesday, October 6 TSE 300 7,025.51 +35.04 S&P/TSE 60 415.94 +2.78 TSE 100 426.70 +2.76 TSE 35 405.86 +2.45 Montreal 3,717.84 +11.66 Alberta 2,884.03 +11.28 Vancouver 424.56 +1.93 DJ Industrial 10,588.34 +187.75 S&P 500 1,325.40 +24.05 Nasdaq composite 2,857.21 +57.54 Gold (NY,US$) $324.50 +0.10 Crude (NY,US$) $23.27 -0.18 Dollar (USc) 68.05 +0.09 Euro (C$ buys) 0.6364 +0.0036 Yen (C$ buys) 73.1630 +0.8260 Scotia bond index 386.23 -0.80 Canadian prime rate 6.25% U.S. prime rate 8.25% TechDex 118.50 +0.62 Noteworthy ROB Top 1000 Report on Business Magazine's ranking of Canada's Top 1000 companies and industries by revenue, profits and return. 1999 Federal Budget Search or read the budget document. Special Reports What's ahead in 1999, including Mutual Funds, Your Money, and Technology. Annual Reports Reports mailed to you free of charge. 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