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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT
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To: GARY DANE PLOTZ who wrote (46)4/5/1997 10:39:00 AM
From: Dan Hamilton   of 500
 
Gary: The stock has been drifting down on fairly low volume - for instance, 4 trades on Friday for total volume of 7,700 shares. The fact that a very few people are selling a particular stock at any one time does not necessarily reflect its true value. However, it's always frustrating when you see you could have bought it cheaper than you did, and therefore be holding more shares.

The markets have been going sideways lately and certainly some people who are traders bail out of the stocks that don't look like they'll pay off in the very near term. Myself, I hold WHRTF in my retirement account so the short term gyrations are not an issue, merely a buying opportunity.

This is a stock whose value is based on the exciting technology it is developing. As World Heart approaches clinical trials, you'll see a lot of interest building.

Dan
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