Versus Technologies Inc. (Canada) IPO Message Board

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Gold/Mining/Energy : Versus Technologies Inc. (Canada) IPO

V 345.63

+6.1%

Dec 11 4:00 PM EST

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To: arisetech who wrote (39)	4/7/1999 7:37:00 AM
From: arisetech	of 131

From: newsout@canada-stockwatch.com Date: Wed, 07 Apr 1999 03:48:42 -0700 Subject: Stockwatch: Versus Technologies Inc - In the News To: NP says Versus shares up on rumours it may be taken over Versus Technologies Inc V Shares issued 11,009,749 Apr 6 close $14.00 Wed 7 Apr 99 In the News The National Post reports in its Wednesday edition that, also getting swept up in the fury of on-line trading firms Tuesday was Versus Technologies Inc., which owns the rights to E*Trade Canada. Versus shares climbed $3.25 to $14.50 yesterday. Since going public earlier this year at $11.50, the shares have languished below their offering price. Market watchers have complained that there were not enough of the firm's shares to accommodate the more than 100 institutions that subscribed to the issue, which led to a dumping of the small amount each institution was allowed to buy. Fuelling Versus's ascent yesterday were rumours that the firm could be an acquisition target by a firm wanting to foray into the on-line trading business. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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