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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Paul Loucks who wrote (20208)	1/18/2000 2:06:00 AM
From: AllansAlias	Read Replies (1) of 36688

Congratulations to ANC holders. It was the biggest puppy gainer on CDNX (for vol >= 100k). I like ANC's products, although their Microsoft and NT focus is out of vogue these days. I bought as big a chunk as I would allow myself back in the beginning of Dec when it was coiling at high-.50's/low-.60's. I needed to convert some holdings to cash before the end of the year and sold in mid-.70's. PHNPI... sigh. The news this morning was clearly very well received -- www2.cdn-news.com. Their product is a nice infrastructure play that's not entirely dependent on internet mania. Interesting that in the news release today it referred to Siebel as "recently ranked by Fortune magazine as the world's fastest growing software company" when in fact Forbes ranked it #1 across industries. (http://www.pathfinder.com/fortune/fastest/int.html) Looking at today's chart it strikes me how well John Fairchild did. In early at .77, out when it softened at .93, and back in at .99 when it took off again. Canaccord dumped 90k on Friday at .62! Watching today I see they are net 223k, most of it at less than $1. Excluding crosses they hold only 33k at $1. or more. Thomson Kernaghan bought 188k clustered around $1. and did not sell any. Do these guys typically sell all of this into strength right at the open? Sitting on the sidelines, lurking and learning... --Allan

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