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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (75017)11/24/1999 7:21:00 PM
From: thebeach  Read Replies (1) | Respond to of 90042
 
Duncan Steward was just on CBC Business World and stated that NNC will be bought out before
the end of December. He said there is not a lot of DD to due on this company. They have a good
product and the only thing that will slow the sale is PRICE.

He thinks that it will go for around 50 Can.

Hang on folks, there is more to come with this one. Personally, I think it will go for 40 US to either
Cisco or Siemans.

We will get a lot of comment over the next few weeks about these companies not being interested
in purchasing NNC. Ny response to this-HOGWASH. Lets face it, they don't want to see the price
increase. Its all one big game. I have seen this happen many times in the past. Anyway, I have
increased my position 40 % over the last two weeks. Its like looking into a crystal ball.

Good luck to all the longs. We will have our day soon.



To: Tim Luke who wrote (75017)11/24/1999 7:50:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 90042
 
my advise to anyone buying the PM call is to get it quick..it could move fast and i for one would not wait for a pullback on a 1/2 day in the market....