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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT

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To: Dan Hamilton who wrote (83)6/22/1998 9:20:00 PM
From: Dan Hamilton  Read Replies (1) of 500
 
World Heart was the featured company in the "Hot Stock" column of Friday's Financial Post. Nothing really new for those following the stock, but it's nice to see the coverage. A few tidbits...

Credi-Finance Securities has initiated coverage of World Heart with an accumulate rating.

Scotia McLeod and Midland Walwyn coverage are expected in the next few weeks.

The company continues to reach development targets and "if everything works out well, they'll win" says analyst Alan Tuchman of Oscar Gruss.

TSE listing is expected any day now. The shares are not available for trade right now on the Canadian Dealer Network, only the NASDAQ. Presumably that means the TSE listing is very close.

So with 4 analysts covering the stock and a listing on Canadian and U.S. exchanges, things look good as they enter clinical trials late in the fall.

Dan
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