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Gold/Mining/Energy : BCE Blue chip growth stock -- Ignore unavailable to you. Want to Upgrade?

To: mact who wrote (224)	5/9/2000 5:30:00 PM
From: dk10438	Respond to of 275

at the present time, the nt was spun off during a sell off. and ur right, i am down money. however, i think the value will appear when people/investors realize that it should be valued higher than 17 billion... just be patient

To: mact who wrote (224)	5/9/2000 6:09:00 PM
From: DYW	Read Replies (2) \| Respond to of 275

If you discuss the value of the spinoff looking only at the prices of the companie's after everybody knew what was coming, you obviously won't see any value. However: 1) BCE ws trading at approximately the value of it's ahre of Nortel when the spin-off was first announced (or slightly before). Therefore the spin-off has created an additional $40 - Canadian or so, approx. $27 - US. @) In the upcoming weeks and months, moves by BCE or their subsidiaries will (hopefully) be properly recognized and appreciated by the market, where earlier they were being generally ignored, and BCE was just trading in tandem with Nortel. Of course, as I am a Canadian there is no downside for me at all, where US investors do have a problem with the tax treatment. Nevertheless, anybody in for a while should already have very nice gains, and can reasonably expect to continue to outperform the market.