Hudson's Bay Co. T.HBC

charting is like driving looking in the rear

[goldnut]

Charting is like driving looking in the rear view mirror. It assumes tomorrow will be like yesterday. Announcements like todays are a result of people looking forward. "MLHI purchased the shares for investment purposes. MLHI is continuing to review its investment alternatives and may acquire additional common shares or make an offer to acquire all or part of the outstanding common shares of HBC, or may sell the shares it now holds in the open market or in privately negotiated transactions to one or more persons. MLHI intends to request a meeting with the board of directors and management of HBC and looks forward to discussions which will help clarify its investment alternatives. Maple Leaf Heritage Investments is a Nova-Scotia unlimited liability company established to acquire common shares of the Hudson's Bay Company. MLHI is a wholly owned subsidiary of B-Bay, Inc. Jerry Zucker is the Chairman, President and CEO of B-Bay, Inc. and The InterTech Group, Inc."