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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: Gulo who wrote (567)4/17/1999 1:27:00 AM
From: Moneysmith  Read Replies (3) of 6016
 
Re: Timing of release:

The release of this information on a Friday after the warrant expiry and the sketchy details of the deal (according to a Delphi spokesperson it was for a "nominal amount") should inject a note of caution. Cannacord had underwriting responsibilities for GLE and, of course, this firm has a certain "reputation". I believe Cannacord was a big seller on Friday. I fully expect that, as planned, the weekend media coverage will yield a strong opening Monday. I am planning to buy a bunch more but it may be a lot cheaper to do so by either late Monday or Tuesday.
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