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Technology Stocks : SWMCF- Making a comeback this week.

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To: Jamie Westock who wrote (239)10/8/1996 8:19:00 AM
From: Ed Newman   of 278
 
Thanks for the drive by news.... Well, that's good.
Volume has been much better this fall since the deal... I watch it daily on Vancouver Exchange. Until we get listed on a major NY exchange, not much will happen in my opinion. I don't think CW cares so much about share price in the short term (as Paul seemed to imply by some posts). I believe she is very much concerned with saving the company from extinction by creating value.... and stopping the bleeding was step one.
I do not have any indication whether SW will be successful as a turnaround, but I do know (1) their products are hard to find and (2) Franklin is a cute little tyke who has some market value.
Waiting to see what our quarter's numbers turn out.

Oh, and regarding float, I do not think it really matters a fig. If people want to buy stock and it doesn't sell at a certain price, the price will go up until it finds a price people will sell at. I do not think institutions own the whole enchilada. You own some. I own a bunch. Someone else I know owns more than me. There are lots of people out there and plenty of shares.
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