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To: hsg who wrote (34049)7/21/1999 1:40:00 PM
From: GoNorth  Read Replies (1) | Respond to of 37507
 
hsg, I guess the question is "what do you value a company that's lost $27M to date - with more losses on the way at?" How are you calculating $3. This would suggest the company is worth apox. $150M US. What part of the company would be worth that much?

>>I think the bottom would be around $3 Canadian (isn't that what the underwriter said?)