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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (1623)	5/13/1998 1:56:00 AM
From: Link Lady	Respond to of 4231

Was reading news. Evidently Telcos are becoming interested in Data. Would it be the same as thin client service? oops posted in wrong place. TORONTO (Dow Jones)--BCE Inc.'s (BCE) shares are rocketing higher Thursday, following Wednesday's news that its Bell Canada unit will form a national high-speed data and Internet services company and has purchased a network of fiber-optic cable from fONOROLA Inc. (T.FON) and Ledcor Industries Ltd. Mary Anne Demonte-Whelan, an analyst with Loewen Ondaatje McCutcheon Ltd., said she raised her price target on BCE's stock after the news, to C$65. The stock is now up 2.25 at 64.75 in Toronto. Demonte-Whelan told Dow Jones she's considering raising her target again, and said BCE could be a C$70 stock. Demonte-Whelan said Bell Canada's move to form its own national data company and buy a network in western Canada makes it unlikely that BCE will try to take over any of Canada's other Canadian regional phone companies. BCE's move also weakens the Stentor alliance of Canada's phone companies, she noted. Other Canadian telecommunications stocks are trading lower Thursday. Telus Corp. (T.T) is off 0.60 to 38.70 and BC Telecom Inc. (T.BCT) is off 0.50 to