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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF

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To: MAKAMAI who wrote (4358)11/3/1999 2:16:00 PM
From: AGORA  Read Replies (1) of 6076
 
Mak, you raise a good point of discussion.

In our opinion, current volume will be slightly diluted by current SYD shareholders who are also US residents. It makes sense these investors and their brokers will trade through US exchanges.

HOWEVER, we strongly believe NEW volume will be created by US investors who are NOT currently SYD shareholders. We have no doubt there are plenty of US investors who are interested, or will become interested in SYD...but would never trade on CDN exchanges.

Thus, you may see some short-term dilution but the longer term trend is towards heavier volume being generated out of the US.

Regards,
AGORA
agoracom.com
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