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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)

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To: Martin Goldenberg who wrote (1339)	10/16/1998 10:15:00 AM
From: Zvi Yammer	Read Replies (3) of 1606

Martin; Again I hope you're right. As of now there's a big seller out there probably wellington mgmt. which did have 2.3 million shares. Green line a Canadian house has crossed many share over the last weeks. These are generally timed with 25,000 share blocks @ 3/4 on the NASDAQ. So I assume Green Line is pumping out the Wellington stock. At less than 1 dolar per share I'm sure wellington has some by-law that forces them to sell the stock. According to my research Institutions sold 1.23 million shares of LANPF inthe last 3 months. Perhaps Wellington will be out if the stock soon. Perhaps then we'll see the bid move hihger than the 3/4 level. ALso the next two weeks should be of some interest. 1. Networld Interop 2. Two smaller shows including a Publishing show in Chicago 3. The Q2 99 (jun-sep) Earning (or lack thereof ) report.!!! Hpoefully we'll see revs. around the 4.5 mill (CAD$) level or at a minumim 3.8 mil and we'll also see the effect of some serious cost cutting. Perhaps the cost cutting won't show till the end of Q3 but we may see some here. All in all I'll be happy with a loss of 30 cents per share and remaining cash of greater than 4 million. As for you Martin Welcome to the Plaintree Millionares Club. As a member you are cordially invited to come to my private island for an all expense paid vacation the first New Years' after Plaintree hits the US $20.00 mark. Charlie, also nice to see you're still here for awhile I thouhgt it was you selling all those 25000 share blocks. Sam, the Holidays are finally over unlike the last two years (in which I accomplished the opposite) I am resolved to make money and lose weight!!!! bye for now Zvi

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