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

To: TechAlive who wrote (4483)	1/27/2000 8:45:00 AM
From: Bosco	Respond to of 14638

Hi Tony - I tend to agree with you that it is a win-win situation, so I am not too concerned about the intermediate term, but looking ahead, not only BCE is giving up its crown jewel, but also there is a remote possibility that that spinoff may be a prelude to NT leaving Canada for the US altogether. I am not trying to stir up an international incident <g>, but one has to ask what are the pros and cons for NT for [not] remaking herself as an US corporation. BCE's ownership is obviously a golden handcuff. Canadian tax codes make the US's - which most of us south of the border deem too high already - looks great. Again, since BCE has made the choice, my musing has no impact whatsoever, but it is interesting to see how the domino may fall. best, Bosco