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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Thermidor who wrote (1644)5/2/1999 9:25:00 AM
From: donkeyman  Read Replies (1) of 3896
 
Thermidor: When you hear of those big jumps by Internet companies, that's all geared to their introductory price onto the Nasdaq and those prices are not cheap. For example, EBAY hit the Nasdaq at Cdn.$27.00/share last fall. There a week or so ago, if you don't take into consideration the 3-1 split, they topped in over Cdn.$1,000.00/share. (1000 EBAY shares at Cdn$27,000 last fall would have a pay-off of Cdn$1 cool million), not to bad.!! That's about a 3600% gain.!!! So keep in mind all those great rises we hear about were based on their Nasdaq price on day #1, "not what they did BEFORE the Nasdaq". It's interesting to see Rasorfish this week rise from US$16.00/share to over Cdn.$80.00/share. Your chances of picking up Razorfish under $40.00.00/sh. on the open was like a snowball in hell.?? Microforum has a lot more shares out than Rasorfish, but is Microforum a better company,? could be.???
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