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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT
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To: Dan Hamilton who wrote (101)7/30/1998 3:03:00 PM
From: the Chief   of 500
 
Hi Dan......................................................With
Bryden holding 29.4%
Cowpland holding 16.57%
Ottawa hear institiute 13.5%
Tofy Mussivand 6.2%

This is 66% of the available stock. I would presume Bryden and Cowpland have "buddies" that have stocked up as well. I also think that the Dr.'s in the Chicago hospital that worked on part of this program would hold shares longterm as well. So it wouldn't surprise me that there is about 80-85% in "longterm hands"!

This leaves about 1.8 million shares floating..I know I won't be looking to sell my shares in the next 2 years... so how many people are like you and I?? I would suppose after the Mussivand and Bryden go on their tour across Canada there will be many more!

I told my Doctor about Worldheart. Do you know what his response was? He stated that Worldheart was a "new upstart company embarking on a longterm development of a mechanical heart"!! After I explained that Worldheart had acquired the rights to Tofy Mussivands and Ottawa Heart institute heart developed Heartsaver, he turned pale and said he was calling his broker ASAP.

I think this is the general feeling out there, as soon as Bryden (who throught the Ottawa Senators) has significant access to "high rollers" gets this show in gear, we will all wish we owned more shares(IMHO).

For people reading this thread that don't own World Heart! Do your own DUE DILLIGENCE before investing in any stock!!!

the Chief
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