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To: MangoBoy who wrote (259)12/16/1999 4:43:00 PM
From: Bosco  Respond to of 609
 
<parallel>Hi Mark - the situation is actually unfolding with a Canadian *investment co* called Teleclone. Its sole purpose is to invest in BCE sans NT. Therefore, it longs BCE and shorts NT. Recently, with the disparity between parent and child, Teleclone has multiple margin calls! Before this happened, I even thought it was a good idea and wanted to buy some shares of Teleclone [on NAZ, I think] since I am very long in NT. This guy is really scr*wed. Can anyone say: Long Term Capital Management's market neutral!

best, B



To: MangoBoy who wrote (259)12/16/1999 5:05:00 PM
From: Bernard Levy  Read Replies (1) | Respond to of 609
 
Hi Mark:

WMB has a dividend yield of about 2%.

Best regards,

Bernard Levy