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Technology Stocks : Clearnet, the Canadian wireless play (CLNTF) -- Ignore unavailable to you. Want to Upgrade?


To: Jules Shear who wrote (71)1/6/1999 10:46:00 AM
From: ZEUS  Read Replies (1) | Respond to of 214
 
Jules,

The $15-17 "rumoured" takeover price was a conservative estimate I've been hearing in the financial community. I had a chance to speak to my friends last night. They are now projecting at least $20. The price has rallied over the last few trading sessions and expect to see it rally all week. The rumoured news of the takeover is now pretty much out all across the financial community.
Bell has deep pockets, this I can tell you for sure! So I would expect to see a premium paid for Clearnet. I would not be surprised to see $22-24 Canadian. Bell desperately needs a national presence!

ZEUS



To: Jules Shear who wrote (71)1/8/1999 4:50:00 AM
From: Jules Shear  Read Replies (1) | Respond to of 214
 
Does anyone know the structure of a deal with Bell Canada? any update on the rumored price? I'm assuming that Bell Canada has plenty of cash and does not want to dilute earnings by having more stock float so a cash offer could be likely.

Why is this thread so dead? It seems with a rumored buy-out on the horizon, 4Q numbers coming soon, a huge appreciation over the last few weeks, industry consolidation, etc.- there would be more folks interested in sharing opinions about what lies ahead.