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Technology Stocks : Williams Communications Group - WCG -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Levy who wrote (272)12/23/1999 4:43:00 PM
From: Henk Wondergem  Read Replies (1) | Respond to of 609
 
Hello everybody: News from Canada
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The Globe and Mail:
Nortel spinoff would unlock $32-billion for BCE investors, Bay Street report says. Shareholders could realize as much as $50 a share if revamping completed (VERY close to Bernards $40 a week ago!)
A plan to separate BCE Inc. from high-flying Nortel Networks Corp. would unlock up to $32-billion of added value for BCE shareholders.
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Etc. Etc. I did sell my NT options, and if I would buy now, I would buy BCE. (great pension plan stock, which has to be Cdn for me). Teleclone was today the winner ($3 two days ago to $9 today) but risky, and you are better off playing BCE calls and NT puts yourself with up and down trends if you have the time and stomach and the motivation to be greedy.

There are many similarities with WCG!
The trend is slowly starting to reverse and my long shot of APRIL 2000 I may have to advance a little, but I think it will be semi gradual trend, but if you understand the relation ships between the companies, this is a great opportunity to see speculative returns on blue chip stocks (BCE rose 3.2% versus NT 0.69% Never seen that before!!)

Sold my LVLT as well (could not resist buying a BIG turkey) , so it is time to get into new ones.
I enjoy cash positions over Christmas.

Have a happy one!

Henk