posted
Stockster has not given any links to support their theory. And unless INFO rise up to $3, I still see them getting delisted. NAS requirements is not "$1". It's slightly higher than that. And even IF i'm wrong, it's unlikely this stock can stay above $1 for 52 weeks. Also, there's no news out that support this claim.
Posts: 293 | Registered: Nov 2005
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posted
Well it doesn't matter for me. In at .69 out * .97, 30% gain is all that matters
Posts: 94 | From: Wisconsin, USA | Registered: Feb 2006
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Lisbon- Today the shareholders of Portugal Telecom they had approved a hostile takeover bid to Metro One Telecommunications Inc . Portugal Telecom, will notifie friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Metro One Telecommunications Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid. Portugal Telecom will launch a takeover bid for Metro One Telecommunications Inc with the payment of $1.7 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $2.15 USD for each share of the company.
About Portugal Telecom :
The Portugal Telecom Group is a global telecommunications operator which is national leader in all of the sectors in which is participates in. It is seen as the Portuguese company which has the biggest national and international projection and has a diversified business portfolio where quality and innovation are decisive aspects, along side the most advanced international companies in this sector.
The company’s activity covers all segments of the telecommunications sector: fixed, mobile, multimedia, data and corporate solutions. These telecommunications and multimedia services are available in Portugal, Brazil and in growing international markets. The international presence of Portugal Telecom spreads to countries like Morocco, Guinea Bissau, Cape Verde, Mozambique, Timor, Angola, Kenya, China and São Tome and Principe.
Brazil is part of a strong effort in terms of the internationalisation of Portugal Telecom, which today participates in the largest South American mobile telecommunications company, VIVO. In the Brazilian market, their presence extends itself to Primesys, an info-communications solution supplier company for the corporate market. The group holds 18% of the capital of UOL, Brazil’s largest Internet portal, acts as shareholders for the Banco 1.net and controls Dedic and Mobitel, companies which operate in the contact centre and message transmission segment.
The company’s growth has consolidated itself through the development of new business in areas of rapid growth, for example mobile voice and data services, multimedia and broadband internet access. With this, Portugal Telecom has contributed toward the development of the Information Society which is a priority for the Group in terms of developing innovative solutions and successfully dealing with corporate and citizen challenges.
Partnerships and strategic agreements which have been made with key companies in the sectors have contributed toward the improvement in capacity and product availability.
In terms of capital markets, Portugal Telecom is the company with the most number of transactions in Euronext Lisbon, and it is also quoted on the New York Stock Exchange.
The company sees its human resource policy as the active management of the talents of its employees, rewarding and encouraging merit, creativity, excellence and believing in the continuous rejuvenation of its resources.
The PT Group assumes its social responsibility before the community by its constant support which manages the various institutions, motivating its employees through a corporate voluntary policy. The company creates innovative solutions which try to facilitate life for clients with special needs, and it also takes part in education, the environment, culture and sport.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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quote:Originally posted by Another_Newbie: Stockster has not given any links to support their theory. And unless INFO rise up to $3, I still see them getting delisted. NAS requirements is not "$1". It's slightly higher than that. And even IF i'm wrong, it's unlikely this stock can stay above $1 for 52 weeks. Also, there's no news out that support this claim.
According to news just released today, INFO does not need to maintain the $1.00 closing PORTLAND, Ore., Feb 21, 2006 (BUSINESS WIRE) -- Metro One Telecommunications, Inc. (INFO, Trade), a developer and provider of Enhanced Directory Assistance(R) and other enhanced telecom services, today announced that it received notification from the NASDAQ Listing Qualifications Panel that its common stock will begin trading on the NASDAQ Capital Market effective at the opening of business on Wednesday, February 22, 2006. The Company believes it meets all the criteria for listing on the NASDAQ Capital Market; however, its listing on the NASDAQ Capital Market is contingent upon the successful completion of an application and review process, in which Metro One must evidence compliance with all the requirements for continued listing on the NASDAQ Capital Market except the $1.00 minimum closing bid price requirements.
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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posted
I like it, i am just happy to say that even barcharts indicates this one as a buy all the way across the board, the resistance they stated is at 1.27, Just lettin you know, but that makes me happy because practicly every stock I have ever purchased they have said to sell, we will see what happens today, good luck to evryone in this thing
Posts: 244 | From: des moines, iowa | Registered: Feb 2005
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posted
will it jump today? Looks like it'll open above $1. premarket bid now at $1.09
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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