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Technology Stocks : Wi-LAN Inc. (T.WIN)
WILN 1.3900.0%Sep 18 5:00 PM EST

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To: Cush who wrote (927)11/3/1999 6:07:00 PM
From: yeow  Read Replies (2) of 16863
 
Hi Cush...

Thank you for your response.

No doubt at all that Research Capital and Sprott own a lot of these securities themselves. I don't know how much selling they have done to their own clients but I would presume a significant amount.

The trouble with the trade reports is that there is no way to tell (and rightly so) who the beneficial owner of the shares are. Perhaps these were their house securities, perhaps they were client held.

In any event, in retrospect I think unfair was how I should have characterized your post (and mine, as it happens). So RC and Sprott have cashed in on some of their investment. Can you blame them? This goes with the territory. They didn't drive the stock into the ground and now we are in the process of establishing additional support in the 20's. This is a good thing.

I gotta admit that the mere mention of Bid.com sets me off as well. I passed on the whole fiasco and resent comparisons of what happened there with this case. The cases are worlds apart. Anyway, I don't think it was your intent to compare the two.

Cheers.
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