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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY

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To: Lalit Jain who wrote (480)9/13/2000 11:30:33 AM
From: cleto  Read Replies (1) of 856
 
Remember when the stock was continously finding supply 2 months ago when everybody thought the stock would double becuase of the big buyer?? We know that the buyer was FirstHand funds..What we did not know who was cont. suppling stock.. I have been informed( outside of NHC but a fact) that the Caisse de Depot was a huge seller of its position at that time. Note that the Caisse was long this stock at around $1.00.This was probably the last of the BIG weak hands,although it may have still a few shares left sell at some point( 100-200,000)..On as seperate note, did you notice the outstanding shares showing as 13 odd million? Can't be ,We isued 2 million with Yorkton plus Breakwater...Cleto
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