Expert: Alessandro - 12/5/2005

Question
As a shareholder of BCLP, I was offered a chance to purchase Celtics Media or TV stock.  You could buy one share for each share of BCLP you owned.  They were 10 cents a share.  I sent my money in and never again heard anything from it.  Do you know anything about such a venture?

Answer
As far as I know, there were no "deals" being offered for BCLP stock once the team was taken off the "public market" ... Once Wyc Groubeck and the other owners bought the team, all public shares in the Boston Celtics were to be sold back to the shareholders at the current price; that's it.

If there were any other offers being made (like the one you've described) then that's news to me.

Alessandro