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Gold/Mining/Energy : Abnormal Volume and Block Trades

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To: dan jay who wrote (2238)11/4/1997 10:54:00 PM
From: Essam Hamza  Read Replies (1) of 2340
 
Interesting chart Dan.

Volume today was mainly a FM cross of 800,000 shares @ .29
Stock up from .14 in early Oct.
New directors. Maybe new focus?

Good Luck,

Essam.
************

develcon.com

Two directors appointed

Develcon Electronics Ltd DLC
Shares issued 44,743,776 Oct 22 close $0.25
Wed 22 Oct 97 News Release
Mr Heinz Jacob reports
Mr John Douglas Bailey and Mr Jeremy Posner have been appointed as
directors.
Mr Bailey has held a variety of senior management roles with IBM Canada,
Canada Systems Group, Storage Data Technology, National Semiconductor
(Canada) and DSC Communications Canada. Most recently he was president and
CEO of Epic Data of Vancouver, BC.
Mr Posner has been involved in a number of high-tech ventures and for
several years he was a senior officer of a successful switching and
fibre-optic company listed on the Nasdaq exchange, with responsibility for
selecting and negotiating a series of major acquisitions. From 1990 until
its sale to Develcon in 1996, Mr Posner was a director of EDA Instruments.
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