Banco Industrial Colombiano ADR NYSE:CIB Message Board

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Non-Tech : Banco Industrial Colombiano ADR NYSE:CIB

CIB 58.04

+0.3%

Oct 31 9:30 AM EDT

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To: k. Urmann who wrote (22)	4/3/1998 12:59:00 AM
From: Arnold Layne	of 72

Kyle, You are very welcome. I too am happy to finally have a good day, especially since, one of my "Step Children" (ie NYSE:CS) has been misbehaving once again. In any case, if you use YAHOO for quotes take a look at the minute chart for one day. Notice how little volume propelled the thing up from $12.00 or $12.50 to $13.00. Perhaps my idea, that the supply of shares, issued as a result of the merger, would in time finally dry up, and consequently CIB's trading volume would return to its historic level, has finally come to pass. Let us hope so. $15.00 would be nice. Normally these things (CIB and BGA) are fairly thinly traded. Notice too, if you use the news from AOL as I suggested, that often times the daily trading volume of all stocks traded in Bogota, is only between say $1 and $5 million dollars. Not much in our books. Have you received a dividend yet? Arnold

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