Tech Support > Computers & Technology > Internet & Broadband > Plusnet shares soar on rumours of BT bid
Plusnet shares soar on rumours of BT bid
Posted by PhilT on October 12th, 2006


http://news.independent.co.uk/busine...cle1842591.ece

"BT Group is in talks to buy the smaller rival Plusnet, the low-cost
broadband supplier and telecoms company. Industry sources said talks
between the two companies are at an early stage."

Shares up 12% this morning.

Phil

Posted by Gizmo on October 12th, 2006



"PhilT" <newsnet@gmail.com> wrote in message
news:1160646092.247251.160210@i3g2000cwc.googlegro ups.com...
Or put another way ... share value still down over 50% on 52 week high
;o)



Posted by fred on October 12th, 2006


In article <er-dnULvBerT2bPYRVnygA@giganews.com>, Gizmo
<not@here.now> writes
Couldn't happen to a nicer bunch :-)
--
fred
Plusnet - I hope you like vanilla

Posted by PhilT on October 12th, 2006



Gizmo wrote:

or put another way back to the price I originally paid for the first
batch which I sold just after the peak, to rebuy 3 weeks ago for a
third of the price and sell again today +50%. :-)

Enough gain for 2 years broadband charges.

Busy day today...
LONDON (Dow Jones)--Carphone Warehouse PLC (CPW.LN) shares fell more
than 16% Thursday after Vodafone Group PLC (VOD) did a deal with a
rival that means the U.K. mobile retailer will no longer be able to
offer Vodafone contracts.

Phil