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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF

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To: Richard P. Roberts who wrote (1431)9/16/1999 3:00:00 PM
From: CocoBob   of 2082
 
CHECK IT OUT - Posted on yahoo - shorts cover now and short later.
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Zi Corp. to be added to stock index!
by: powerball_us
394 of 397
Zi Corporation will probably be added to the Toronto Stock Exchange 300 index (symbol ZIC). The merger of Euro-Nevada Mining Corp. Ltd. and Franco-Nevada Mining Corp. Ltd. will create an opening in the TSE
300 that may be filled as early as tomorrow.

The leading candidate for inclusion is Zi Corp. because the quoted market value of the share float was C$490-million at the close on August 31, the date of record for any inclusion this month. Scotia Capital Markets index specialists reckon inclusion could set off some trading fireworks.

In case you're a market newbie, inclusion in a major stock index usually results in a lot more demand as money managers have to buy the stock to track the index. See nationalpost.com for the full article.

Posted: 9/16/1999 2:06 pm EDT as a reply to: Msg 393 by wundern2
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