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

To: ZEUS who wrote (164)	2/5/1999 1:31:00 AM
From: brokker	Respond to of 214

All that to say that the public was expecting other news, not that one. The Provigo takeover by Loblaw's was the same. Everyone knew it was coming, both companies would deny it or not comment. The stock would start rising on the expectation of news, but when another piece of news would come out, the stock would back off. The same is happening with Clearnet.

To: ZEUS who wrote (164)	2/8/1999 11:47:00 AM
From: Readyman	Respond to of 214

Anything new with Clearnet?Are they still negociating?Nothing on my side

To: ZEUS who wrote (164)	2/8/1999 11:50:00 AM
From: Jules Shear	Read Replies (1) \| Respond to of 214

I am surprised CLNTF is trading down with this release.... Usually investors of these smaller-cap PCS stocks like to be reassured there is enough "cash in the bank" to continue to add subs, build-out network, etc. Despite all of the buy-out rumors, thought this would be better received on the Street. Look at what has happened to OMPT, PTEL, etc. when they announced additional financing-much different reaction than what we are getting today. Monday February 8, 10:28 am Eastern Time Company Press Release Clearnet Communications Inc. Plans to Raise Proceeds to Clearnet of Approximately Cdn. $100,000,000 From Sale of Canadian Dollar Senior Discounted Notes NEW YORK--(BUSINESS WIRE)--Feb. 8, 1999--Clearnet Communications Inc. (''Clearnet'') (TSE:NET - news; ME:NET - news; NASDAQ:CLNTF - news) today announced that it plans to raise proceeds to Clearnet of approximately Cdn. $100,000,000 from the sale of Canadian dollar denominated senior discount notes due 2009 (the ''Notes''). The Notes are being offered in Canada and the United States under a shelf prospectus filed in both countries. Proceeds of the offering will be used to fund a portion of Clearnet's capital expenditures related to the expansion of its digital wireless networks and negative EBITDA requirements related to the expected future expansion of Clearnet's digital subscriber base, and for general corporate and working capital purposes, which may include selective acquisitions of complementary businesses and may be used to repay amounts outstanding under vendor financing arrangements. The underwriting syndicate in respect of the Notes is being led by TD Securities (USA) Inc. and co-managed by RBC Dominion Securities Corporation, BT Alex Brown Incorporated and CIBC World Markets Inc. ------------------------------------------------------------------------ Contact: TD Securities 212/827-7623 ------------------------------------------------------------------------ More Quotes and News: •Toronto:NET.TO - news; Montreal:NET.M - news•Clearnet Communications Inc (Nasdaq:CLNTF - news) Related News Categories: banking, telecom ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying ot

To: ZEUS who wrote (164)	2/9/1999 11:25:00 PM
From: CuGeo	Respond to of 214

Your idea that BCX wants the stock to fade is right on the money. They run the risk however of someone else accumulating a position during the quiet period. There will be four buyers of this company once the bandwidth restrictions are changed(and they will be). The bidding will take us north of 25 without question. The traders won't let this get below 17 from here on though. Buy anywhere in here <18.25 This is a layup position to have. Reminds me of WIC. Cheers cugeo