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Biotech / Medical : Aeterna (M.AEL)

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To: David Culver who wrote (37)5/9/2000 9:42:00 PM
From: DaveAu  Read Replies (1) of 47
 
David,

<<Nice move today and NASDAQ listing starting Wednesday>>

Yes. I'm not really sure what to make of it. I own two other TSE stocks that went to NASDAQ in the last 2 months. Both ran up prior to the listing and then both tanked soon afterwards.

What I can't understand is why AEL did a private placement with scummy bay street companies when they are listing on NASDAQ. It would have made a lot more sense to do an issue thru a wall street firm and get some U.S. analyst coverage in the deal.

Dave
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