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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: KodiakBear who wrote (20612)1/19/2000 9:17:00 PM
From: Lola  Read Replies (3) of 36688
 
INP-T ... that's a very good point Snoog ... I had forgotten that. MTP went from about 0.35 to 1.25 just on the Dell RUMOUR. We gave up on it because we thought it might be all bull (which it was but MTP did go on to better things). Now it's 6.85 with about 50M shares outstanding ... what the heck is that? A market cap of almost $350M all over a few months.

INP's deal with IBM is REAL ... it's not a RUMOUR.

INP has only 12.7M shares out whereas MTP has 50M.

The INP insiders never seem to sell (whereas MTP had all kinds of selling going on by CC who apparently had done a PP at about 0.30). I checked the insider trading records and no selling at all for years by INP insiders.

INP is on the TSE which gives it alot more exposure than MTP had because until recently they were only listed on the Montreal exchange. Most of MTP's rise occured while it was on the MSE.

INP appears to have a fair bit of American interest whereas MTP only had a little. There was almost no discussions on the SI MTP thread but there was a fair bit over at Stockhouse.

Of course I've been wrong lots of times too <ggg> and boy does it hurt when I'm wrong!

Lola:)
PHNPI

EDIT: the only negative I see about INP is that it's rise happened very quickly whereas MTP's rise was continuous but it was over a period of a few months. INP will have all kinds of spikes and so more opportunities for profitable trading or not so profitable trading if you happened to go the wrong direction at the wrong time.
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