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Non-Tech : Air Canada (ACNAF) -- Ignore unavailable to you. Want to Upgrade?

To: upultra who wrote (260)	4/6/1998 9:26:00 PM
From: triplehrw	Read Replies (1) \| Respond to of 270

I wounder whether or not some Convertible debentures will be bought up by Air Canada--I think they could buy them back this month--plus report their first quarter. If the first quarter is positive on earnings this stock could move up--significantly. Also if the convertible debentures were called--I'm sure the Shorts--would have to pull up their shorts--a pun. They would have to cover their positions--resulting in lots of buying--thus price movement--up. Anyway I may be seeing it wrong but thats what I see happening as the corporation really is in a great cash position and by the mild winter--travel has been robust.