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Gold/Mining/Energy : GPW Group West Systems Ltd. (Year 2000 Software Company)
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To: Edward Sawicki who wrote (1361)5/21/1999 7:46:00 PM
From: John BOYCE  Read Replies (1) of 1443
 
Hi Ed,I called Jag Sandhu yesterday and had great chat with him. He states the reason for the drop is one broker is blowing out stock for some reason, around 60-70,000 so far which is a death knell for the price until he is cleared out. Reminded me of Infowave IWM/V, it was getting great reports but Canaccord was blowing out stock after hyping it up to the 1.80 range. Canaccord was selling into the market and drove the price down to a low of 1.05. Of course the rest is history, Canaccord ran out of stock and the price ended up going crazy to hit a high of $6. Mr Sandhu IMO has a great plan in place with e-commerce and states that there are 4 analysts following company (all positive) and company has been written up 3 times in National Post. Hang in there folks, patience will be well rewarded. Take care John B.
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