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: t2 who wrote (4471)	1/26/2000 11:09:00 PM
From: OrionX	Read Replies (1) \| Respond to of 14638

Alright folks, Maybe I'm misunderstanding what has taken place with today's announcement, but can someone clear up these questions? 1. A BCE shareholder with 100 shares now will get 78 shares of NT. Does that mean only today's before-the-halt BCE shareholders get this deal? Or all BCE shareholders at some future date? 2. So, a BCE shareholder gets 78 shares of the new company for every 100 BCE shares, which he/she also gets to keep. At what price? At today's closing 143.45 (CDN) price? 3. What will then be the value of BCE shares at the moment of conversion? Somewhat confused.