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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?

To: Syl98 who wrote (199)	4/15/1999 8:35:00 AM
From: Mr. Oil	Read Replies (1) \| Respond to of 776

SBX will start trading at the open. Halt lifted. Ray

To: Syl98 who wrote (199)	4/15/1999 8:41:00 AM
From: Syncrude	Respond to of 776

Syl98, If you take the time to read the press releases, you will note that all SBX is providing is a listed shell with about $2mm in cash. The shareholders of CD Plus will get 90% of the shares of the merged company IF the agreement is finalized. Thus SBX shareholders would wind up with 10% of the merged entity. SBX currently has 22.6mm shares outstanding giving a market cap already over $8mm. On a fundamental basis the company is already more than fully priced. Only the expected hype may propel this stock, not sound business. But that's the name of the game these days, as long as people understand what they are getting into, there is not much harm. On the other hand people not comfortable with such high speculation may need to look elsewhere....