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Gold/Mining/Energy : Rogers Communication -- Ignore unavailable to you. Want to Upgrade?

To: Jadrew who wrote (84)	1/23/1998 2:20:00 AM
From: hsg	Respond to of 189

I hate to admit it but your negative points are starting to hold water with me. The stock rebounded some today, but it looks fairly certian that they will be removed from the TSE 35 and TSE 100 Indexes this spring. Ted Rogers has said cash flow is fine for servicing debt (it appears that they are still able to tap US debt markets and that similar co.'s in the US are trading way above these prices even with similar debt/equity levels. The RTN is apparently worth close to a billion itself so these share prices are ridiculous, but I must admit that they continue to stumble and make mistake after mistake. I spoke with an IR person yesterday and the conversation led me to conclude that the Q4#'s which come out February 5th (with a restructuring charge and terrible Q4#'s) will contain announcements on signifigant cost cutting initiatives. I hope my shares are still worth something by then...

To: Jadrew who wrote (84)	1/23/1998 11:43:00 AM
From: Kent C.	Read Replies (1) \| Respond to of 189

Rogers has flubbed with MeTV billing, I'm in total agreement with you over their billing practices (past and present). From the sounds of things, their Cellular buisness is doing bad, and I can't imagine their multi-media producing anything but full page (ugly) ads in the paper about how great Rogers is etc, etc... From Canaccord this morning Rogers Comm RCI.B 1,541,574 5.40 +0.35 under threat of removal from key TSE indices, which could force institutional investors to replace it in some portfolios. NOTABLE NEW LOWS: AIM Safety AIM 12.75 Dreco Energy DEY 38.00 Fairfax Financial FFH 280.00 Rogers Cantel RCM.B 10.45 Startech Energy SEH 7.50 Cheers, Kent@investor1.com