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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: hx4 who wrote (4717)11/9/2001 7:52:14 AM
From: Al Collard  Read Replies (1) of 11802
 
AC-t...in the news.

Globe says Air Canada jumps on news of rival's woes

Fri 9 Nov 2001



The Globe and Mail reports in its Friday, Nov. 9, edition that Air Canada
edged ahead 38 cents to $3.62 on the Toronto Stock Exchange Thursday. The
Globe's Market Movers column reports that shares of Air Canada reached
their highest level in more than a month Thursday, climbing almost 12 per
cent. Investors pushed the Montreal-based carrier's stock higher after
competitor Canada 3000 Inc. said it was seeking protection from creditors.
Air Canada stock has more than doubled since a low of $1.80 on Oct. 19.
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