Mercury Scheduling Systems Inc. Message Board

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Gold/Mining/Energy : Mercury Scheduling Systems Inc.

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To: York Nau who wrote (254)	3/19/1999 5:31:00 AM
From: Bruno Steinhauser	Read Replies (1) of 437

Just be patient folks. The actual selling pressure is mainly caused by NESBITT, YORKTON. Additionally GROOM CAPITAL and MAURER, both MERY financiers. Last year they financed the company with 1 Mil.$ for 1 million shares and half a warrant. As it is typicall for these canadian institutions , first thing they did after the stock got free trading in October 98, they blew their entire position on the market with a dime profit. The market could pretty easy absorb it because liquidity was accordingly. Now we are chewing on their warrants, they are blowing out now. I am pretty confident that if once this overhang will be gone, the market will be clear again for the stock to move back up. Last but not least, I agree with Rob, in a couple of months, we will laugh at those who blew out their stock at $ 1.65. Michael F. will teach them better. regards Bruno Steinhauser

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