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Technology Stocks : RSL Communications Ltd (RSLCF) -- Ignore unavailable to you. Want to Upgrade?

To: Rob C. who wrote (96)	2/15/2000 5:29:00 PM
From: Bill Lotozo	Read Replies (1) \| Respond to of 178

I agree that the bond offering isn't helping. Isn't it at a pretty high interest rate? As I recall, it is well over 10%. I don't know if it is the only thing holding them back though. The major brokerage houses have had them as a strong buy for the last year but they just don't move. Maybe they just haven't tried hard enough to get their story out. Maybe the ceo just is a boring speaker. Who knows what is the cause. They seem to be doing things right. They just spun off Delta3 successfully. Their Australian IPO is coming soon. I Just keep wondering why their price is stuck here. I'm long too. I just picked up some more shares today at 18 which I'll sell at 22 1/2. But I'll keep most shares for the long term capital gain.

To: Rob C. who wrote (96)	2/22/2000 7:54:00 PM
From: Bill Lotozo	Read Replies (1) \| Respond to of 178

Rob, I got the prospectus on the bond offering but unfortunately I threw it out. I do remember that the class b common had ten votes per share while the class a (what we have) has one vote/share. Also, there was one person who owned well over 51% of the equity and voting shares. This kind of concentration keeps the price down since there is no takeover premium unless people feel he wants to sell. I also can't find what kind of interest rate is being paid on the bonds or the conversion price on the convertables. Do you have that information. I'm considering dumping my shares when they go back up to 23. The company is too concentrated and they don't file with the sec since they are a foreign company. BIll