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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT

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To: the Chief who wrote (427)5/26/2000 12:22:00 PM
From: Dan Hamilton  Read Replies (1) of 500
 
Yes, I was happy to see Cowpland stepping down too. My concern is that he will sell a whack more stock in the near future though. He sure ain't going to want to sell Corel stock.

With respect to the acquisition, I was surprised that the stock did not move yesterday. To me this acquisition lessens the risks associated with my investment in WHT. They acquired proven expertise in VADs, heart valves, clinical trials and marketing.

The reasons why the announcement was greeted with a big fat yawn might be:

- Wonky markets
- Dilution of existing shareholders
- An inference by shareholders that WHT's own technology was weak

The fact no-one else has weighed in with a comment by now on this board is also somewhat curious.

Anyway, the volume after the announcement was anemic. I guess we'll have to wait for one of the analysts following the company to weigh in with an opinion.
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