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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (863)12/8/1998 3:21:00 PM
From: AKAPAK  Read Replies (2) | Respond to of 11130
 
Wayne and Sting Ray and others, only have minute today.....

GSMI will definitely pop soon. They are working with Nortel to get financing to build PCS network in NE states. This will fill hole in coverage for Bell Atlantic. Deal with BA already announced, as well as talks with Nortel.

Basic intuition tells me deal to be done soon. Nortel will want to book sale for 98!!! When deal is announced, stock should jump.

Happy holidays