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Gold/Mining/Energy : Nuvo Research Inc
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To: twentyfirstcenturyfox who wrote (10546)8/15/2002 3:34:44 PM
From: Montana Wildhack  Read Replies (2) of 14101
 
Fox,

"Am I the only one for whom what I am hearing from the company just doesn't tie in to what the market volume and price level is saying?"

No you're not. I think its fair to say many are aware of
the discrepancy between the apparent August decision if its
an approval and the price movement.

The street does not believe it. At least not until it
sees it.

For Acqua, you saw Joe's post that 21.6% of all trading over
the last 18 months was Acqua related. I agree with you
that their presence has had a materially negative affect
on the stock price which is not hard to understand given
those numbers.

I can see from the two posts you point out that Jim had a
different opinion and I've been in this kind of situation
myself; but, I don't see that Jim was directing his opinion
at you specifically. He appeared to be speaking to the
situation.

Concerning the disputed shares, you passed on a question
someone else asked which is they would really like to know
what happened. I think everybody read that, nodded, and
said "so would I". The fact is that the volume implication
had been discussed by Joe who reviewed the trading in detail
along with the Acqua placements. The date on Bloomberg
record is a Saturday and following the next 2 months trading
it was impossible to see 1.1 million shares without taking
the next 40 days or so of trading entirely.

This will unfortunately remain a topic of debate and no
one can deny the public record was reduced by the 1.1M.

I hope that helps.

Wolf
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