SI
SI
discoversearch

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 : MITEL (MLT) -- Ignore unavailable to you. Want to Upgrade?


To: 4finger who wrote (1469)6/7/2000 1:06:00 PM
From: toccodolce  Read Replies (1) | Respond to of 1730
 
Hi,

I was wondering when will the new company be adding to the bottom line of Mitel and when is the year end for the company?

Tom...



To: 4finger who wrote (1469)6/7/2000 9:06:00 PM
From: Guaranteed  Read Replies (1) | Respond to of 1730
 
4finger - this is really interesting !

TDK by virtue of their 40% investment in Vertex (if I heard right during the conf call ) , now owns about 4% of Mitel . There is a 2 year lock on the shares.CC&L Financial owns the biggest block (around 8 million , the last time I checked). TDK now owns the second biggest block.

TDK is a Mitel competitor and will be a bigger competitor once Bluetooth takes off . Check this out-

biz.yahoo.com

TDK knows Mitel well - they would not have agreed to a share deal if Mitel didn't represent an undervalued investment .

Guaranteed.