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Gold/Mining/Energy : PATHEON INC. (PTI - TORONTO)

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To: Nykol who wrote (60)10/17/1997 11:49:00 AM
From: 4finger   of 147
 
Nykol - You are right about these guys being too small to warrant coverage by the "bigs"....yet. With a market cap of $85 MM or so coverage will come from the likes of Marleau, Yorkton, etc. The only reason DS has a report is because it was a condition of getting of getting the investment banking. Also don't be too surprised if there is a hell of a long holiday between this report and the next one.
I'm not trying to discourage you on this story because I agree that it's a great one, I just don't think our true payday will occurr on this one for a couple of years.
Someone talked about the overallotment being excersised. True, but at $1.36. People more cynical than me might interpret this "buy" as "buy from us".

Aint this a great gig?
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