i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

Found this on google:

Don't Dismiss C&W Link To France Telecom-ABN

Tuesday, May 24, 2005 6:09:48 AM ET
Dow Jones Newswires



0957 GMT [Dow Jones] Cable & Wireless (CWP) shares have risen 8% over last two weeks on speculation it may be a target for France Telecom (FTE.ETR), a link that shouldn't be dismissed, says ABN Amro, which has a buy rating on C&W. Both companies have declined to comment. However, says Easynet (ESY.LN) would be a better and cleaner fit for France Telecom which would be better-off acquiring an existing local loop player. C&W trades -1.3% at 130p while Easynet is flat at 76.5p. (NPF)

http://www.newratings.com/analyst_news/article_838452.html

ahhhh, i think i was too quick. cheers.

BUYERS????

a nice Friday afternoon rally. keep an eye on the one (at last!)

Not seen this in a while!

me neither! few sneaky buyers lurking...watch out for momentum into next week....i bought more at 73...fancy them for a trade around the core holding.

I wonder if this could be some shorts closing as well? Wouldn't surprise me as we have drifted back to where it was in Nov last year. Good trade from 73 since you'll have made the spread back already. Watching closely to see if this carries on or is just a bounce. But still good to see anyway, opened a tin of Irn-Bru to celebrate!

75 bid

only ABN (ESY house broker!) on the offer now, on their own!

75-78!

Very decent rise today, any thoughts as to whats behind it though?

no, i think there are a few buyers suddenly around and maybe a friday rumour is doing the rounds. cable and wireless up as well but that is another kettle of fish...

cable and wireless have got the horn...possibly a bidder out there

Well if thats the case then it may get the sector moving. Whatevers moving ESY up I approve of! Makes it a better end to the week anyway.

indeed it does!

Just found this, may have something to do with todays rise here:

Dresdner Kleinwort reiterates buy Cable & Wireless (CW.L).

That was out alot earlier....I thing it is to do with France Tel govt placement out the way and now management is free to look at aquisitions. supposedly Wanadoo (owned by France Tel) is shopping for a broadband supplier. ESY is in the frame according to ABN.

time to flog my old bull story again. up 6p on no news with Ofcomm any day now. keep it on your screens buy!

rgds
PT

PT
do you mean your ESY story is a lot of bull (lol)

if you read my previous posts that was the exact message i was portraying with a slither of hope that it could finally be true!

No this is up on news in the Times that france telecom may be interested.