I see the snakes continue to slither about with their desire to spread FUD. As much as some would like to make the outcome of the sale of assets not the primary underlying basis for what price of the stock will be, it will undoubtedly be.

If an offer from BCE (I remain convinced the most likely buyer) then there is no reason to expect it to be a cash purchase. A simple exchange of stock lets say 1 bce share for every 4 look shares as an example. How can the company say they intend to liquidate their new ownership in BCE when those shares will be held by you and me and UBS? They can't! What if Sprint buys and again it is shares .. again there is no distribution process .... this isn't necessarily a cash deal and with the courts involvement, you do not, I repeat do not! make a statemnt that is not factual and what will happen will not be only when the outcome is known!

Another area for the Fudsters is this 43% vs 51% ownership stake by UBS ... here is an except from SEDAR ...

Look’s parent company, Unique Broadband Systems Inc. (TSX Venture: UBS), which holds approximately 43% of the issued and outstanding Look shares (51% on a fully diluted basis) has informed Look that it intends to vote its shares in favour of the plan at the special meeting of shareholders.

There is nothing new about this ratio .... and yes the self proclaimed emotionless DD'rs who admit they should know about this somehow forget about unexpired/unexcercised OPTIONS ... which when exercised would make an ownership stake by UBS of 51%.

This remains a source of CASH for the company to continue to operate if it was needed ... but like any sensible businessman .... Mr. Dolgonos is not interested in putting finance where it is not needed unless it is needed for operations he has the controlling interest and need not ties his cash in the company .... the options can be renewed for his protection etc etc.

Is there still risk ....ABSOLUTELY, is the risk management/controlling interest who are involving the courts to make the process completely transparent and trustworthy ... I personally think there are bigger things to worry about.

Also remember ... a cash sale and a special dividend will result in an immediate recognition of income and tax will be paid. The receipt of shares will not be recognized until the sale of the shares is made .... Do you want to pay 50% tax on the windfall right away ... I don't ... and my guess is Mr. Dolgonos doesn't either.

I was leery of all companies during the dot com bubble ... and although I got burned by Nortel on the way down ... was not around when the greed was running wild and the share price ran wild without the underlying value that should be there to support a $17. stock price.

Make no mistake the spectrum has the underlying value for this stock to explode ...whether you choose to jump out when a healthy target is met or until the final decision is made .... avoid listening to the snakes who provide lots of correct and highly informative information but also deceive you with respect to the tree of knowledge.

One last comment .... anyone who spends a massive amount of time responding to the other boards great protagonist either needs to get a life or is desperate to prove themself trustworthy to other boards.

Those who have watched these boards know the mongoose has caught the snake before and the snake disappeared licking his wounds for some time .... waiting for the day to return and weave a plot od deception.

Orgy