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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr_X who wrote (13342)4/27/2000 9:44:00 PM
From: Mr. Pink  Read Replies (3) | Respond to of 18998
 
Funny, that is Mr. P$nk's largest position.....Just remember to short the appropriate number of NOrtel shares.

MP



To: Mr_X who wrote (13342)5/1/2000 5:23:00 AM
From: torquatus  Read Replies (1) | Respond to of 18998
 
This is what's up with Teleglobe: BCE is acquiring for ~$33/share if BCE between C$50-57 as a running average for 10 days post distribution. If below C$50, you get .97 a BCE share. If above C$57, you get .85 a BCE share. At $25, TGO is no discount to BCE. The only advantage is getting the BCE stub for $25 and not having to pay the taxes on Nortel.


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