Kaiser making deals? LOL
Kaiser says Peruvian-Patriot merger a "done deal"
Peruvian Gold Ltd PVO
Shares issued 15,227,466 Oct 5 close $1.10
Fri 6 Oct 2000 In the News
John Kaiser, writing in the Sept. 21 Bottom-Fish Tracker, says that with
the merger agreement signed and no opposition expected from controlling
shareholder Bradstone, Peruvian Gold's acquisition of Patriot Computer
Corp. is a done deal. Mr. Kaiser recommended Peruvian in December, 1999, at
65 cents, and on four previous occasions dating to December, 1994, at
prices ranging from 46 cents to 90 cents. The long-time Peruvian supporter
says that with no reasons for the stock to go up, down or even sideways, he
considers Peruvian at its Sept. 21 price of $1.05 to be a "spec cycle 100%
Hold." Patriot is a direct marketing company that sells fully integrated
personal computer systems preloaded with software geared toward the family
market. One of the company's hooks is that it guarantees that its bundled
software is properly installed. Mr. Kaiser muses that it would be
interesting to see whether ThoughtShare -- the Internet bookmarking system
controlled by another Kaiser favourite, Meteor Technologies -- pursues a
deal to bundle its BuzPak software with Patriot's computer systems, which
are sold Internet ready.
(c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com |
