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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Grant MacMillan who wrote (2277)	6/21/1999 1:05:00 PM
From: Stephen O	Read Replies (2) \| Respond to of 6016

Global has announced the forced conversion of their preferred shares. Will be completed by 20th July. If you don't convert all you get is $2.16 US per share. At the current stock price of $9.60 the preferreds are worth $26 US

To: Grant MacMillan who wrote (2277)	6/21/1999 1:05:00 PM
From: pink789	Respond to of 6016

Boring. The buying is pretty scattered across houses. My quick take is its retail buying. There is a news release today: "Calgary, Alberta, June 21, 1999 — Global Thermoelectric Inc. (TSE: GLE) today gave notice that it has set July 23, 1999 as the date for redemption of its Series 1 Preferred Shares." Should be on the wire today (got an email version of it). Not interesting. KGB

To: Grant MacMillan who wrote (2277)	6/21/1999 1:20:00 PM
From: AriKirA	Respond to of 6016

House Positions for GLE from 06/21/99 to 06/21/99 Ex House Bought Av/Sh Sold Av/Sh Net $Net T 9 Nesbitt 26200 9.67 12500 9.73 13700 -131545 T 39 Midland 14310 9.45 1000 9.60 13310 -125639 T 22 Thomson Kernaghan 8000 9.74 0 0.00 8000 -77900 T 2 DS 15950 9.62 10050 9.58 5900 -57124 T 74 Griffiths 17200 9.55 11300 9.71 5900 -54485 T 90 CT Services 7565 9.60 2300 9.65 5265 -50454 T 18 Georgia Pacific 5000 9.72 0 0.00 5000 -48600 T 44 Jones Gable 4000 9.55 500 9.70 3500 -33350 T 11 Yorkton 3000 9.80 0 0.00 3000 -29400 T 85 ScotiaMcLeod 3850 9.57 1600 9.57 2250 -21530 T 88 Versus 1400 9.55 0 0.00 1400 -13370 T 99 James Capel 2700 9.64 2500 9.53 200 -2200 T 19 Desjardins 500 9.60 500 9.45 0 -75 T 80 First Marathon 0 0.00 400 9.50 -400 3800 T 95 Wolverton 0 0.00 500 9.50 -500 4750 T 15 Bunting 0 0.00 700 9.30 -700 6510 T 70 Goepel 9800 9.62 10600 9.67 -800 8215 T 79 Gundy 5000 9.59 6700 9.64 -1700 16665 T 36 Latimer 11200 9.61 13000 9.63 -1800 17590 T 3 Cdn Western 0 0.00 2000 9.55 -2000 19100 T 87 Merit 0 0.00 2200 9.55 -2200 21010 T 27 Deacon 4000 9.64 8200 9.60 -4200 40155 T 63 Levesque Beaubien 24340 9.62 30675 9.61 -6335 60518 T 7 Green Line 17100 9.53 25940 9.54 -8840 84550 T 33 Canaccord 5300 9.61 17050 9.53 -11750 111530 T 83 Research Capital 7000 9.59 19200 9.60 -12200 117130 T 26 Commission Direct 0 0.00 14000 9.58 -14000 134150 Total 193415 9.60 193415 9.60 0 0