This should be interesting. I’m glad I won’t be a BCE holder much longer. Today’s story in the Financial Post (Toronto) – Google Slams Bell for Throttling Internet – shows that Bell Canada is still being held to task for its bandwidth control practices. I checked up on the share prices, but there isn’t much change:
BCE: TSX – is on somewhat of a downtrend at 39.08 (CAD), and
GOOG: NASDAQ – is inching upward at 546.02 (USD).
Can someone please tell me why you might want to own GOOG at $546? They don’t pay a dividend. I imagine you’re expecting a stock split pretty soon. If so, why hasn’t GOOG split yet? It’s a genuine question. I’m ignorant in this area, so I’d love to learn. Maybe they haven’t split because there’s been no decline in momentum going upwards.
As for BCE, remember, everyone, that the Ontario Teachers’ Pension Plan is buying them out and it looks like it’s all finally going to close this summer. I’m glad my BCE have moved upwards a bit, back to their normal range – for a while it was looking like I was going to lose some good cash.
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