Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Master (Hijacked) who wrote (3826)	11/19/1999 4:42:00 PM
From: telecomguy	Read Replies (1) \| Respond to of 14638

What's the implication here? If Teleclone is wound up, will they be forced to liquidate the 6.2 million BCE shares in order to fulfill their contract to buy the 5.3 million shares that they had shorted on Nortel? The implication is that BCE stocks would fall and Nortel would rise (at least in the Cdn market) or am I completely misunderstanding the wind up process as it affects the BCE/Nortel share volume-priece. Further complication is that BCE owns 41% of Nortel although I can't imagine why BCE shares flooding the market as Teleclone unwinds it's position on BCE will affect Nortel shares specifically. Any of you out there an expert on this -- looking for some heads up advice here!