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To: Glenn McDougall who wrote (11258)7/14/2000 12:32:06 AM
From: DukeCrow  Read Replies (1) | Respond to of 24042
 
Yes, the same company that sold it's position in Nortel several months ago.

Just to clarify, BCE didn't sell its stake in Nortel. They spun it off to shareholders as a way to help increase shareholder value. I wouldn't call this a dumb move. It shows management is focused on providing value to its shareholders. It also helped diversify Nortel's ownership which makes it easier for Nortel to make deals.

Ali