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Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse) -- Ignore unavailable to you. Want to Upgrade?


To: ag b.c. can who wrote (102)7/1/1998 3:41:00 AM
From: Kitskid  Read Replies (1) | Respond to of 171
 
What is Inner Circle e-mail?
This stock is locked on $6.00.

tscn.com



To: ag b.c. can who wrote (102)7/1/1998 12:23:00 PM
From: Richard Saunders  Respond to of 171
 
ag b.c. can/ You indicated looking at the thing last March - why weren't you posting then? How many shorts are officially listed? You also make some comment about who would "buy a penny stock worth $6"? That's fine, you're more than entitled to your view BUT what backup detail(s) are you basing your words on? Interested to know too re: this inner-circle email thing you mentioned........ who is associated with that? Agree with your assessment of past director selling however there has also been quite a bit of off-setting back-and-forth buying. It would be interesting to actually know how much of the past years trading volumes have actually been a result of either internal buying or selling. Personally I think there are going to be some interesting days ahead with this situation. The CRTC released their LOCAL PAY TELEPHONE COMPETITION (Telecom Decision CRTC 98-8) yesterday and all of a sudden there are going to be more options and features appearing (for a cost to the consumer? for a profit to unregulated service providers? for a profit to local exchange carriers?) One thing for certain, a year from now I suspect the price of Canada Payphone will not be $6 Your advice re: doing due diligence is good advice and should also apply to any situation, penny or blue-chip. disclaimer: I originally started this thread and this is the last one I'm posting on this thread.



To: ag b.c. can who wrote (102)7/2/1998 2:04:00 AM
From: canadian crude  Read Replies (1) | Respond to of 171
 
Interesting thoughts.......

1) reported shorts 18K+, in reality likely three or four times???, this should make for some sweaty palms for the shorters concerned when the "halt trade" is lifted.

2) most employee incentive stock options have been priced at $6.00, draw your own conclusions....

3) next logical step for CPY will be to move it off Vancouver exchange to Toronto. From my understanding they now meet all TSE listing requirements.

As you stated.... "due diligence" is most important.

My opinion; this stock will perform extremely well over the next 24 months as the company establishes itself in the lucrative payphone market.

Disclaimer: I hold a position (and will continue to do so).

Local Pay Telephone Competition

On 30 June 1998, the Commission introduced competition in the local pay telephone service market in Canada.

The Commission has established safeguards to protect the interests of consumers in a competitive market. These consumer
safeguards are imposed on competitors as a condition to entering the local pay telephone market:

access to 9-1-1, or access to emergency services through an operator by dialing 0;

access to Message Relay Service, for the hearing impaired;

provide 6-1-1, or an equivalent, to report telephone trouble;

access to all long distance carriers, where long distance calling is available;

adhere to all Commission rules on the protection of consumer privacy;

the pay telephone company's name, address and toll-free number must be posted on or near the pay telephone;

the Commission's name, address and toll-free number (1-877-249-CRTC) must be posted on all pay telephone equipment;

if provided, operator services must comply with Consumer Safeguards for Operator Services and any other guidelines set
out by the Commission;

prominently display the rates for local calls, the name of the long distance company it has chosen and any other surcharge
(example: location provider surcharge) not included in the price of the call;

provide coin return for uncompleted coin calls and an equivalent system when a calling card is used;

must have the usual numbers and letters on the dial pad;

provide access for the physically disabled, be hearing aid compatible and meet the standards established by the CRTC for
service to the visually impaired; and

meet existing standards to prevent network harm.

This document is available in alternative format upon request.

T17-06-98