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Gold/Mining/Energy : GPW Group West Systems Ltd. (Year 2000 Software Company) -- Ignore unavailable to you. Want to Upgrade?


To: John BOYCE who wrote (1418)9/15/1999 10:30:00 AM
From: John BOYCE  Respond to of 1443
 
Spoke to IR at Cypost,became public in Nov 98 and stock has gone from low of 1/16 to today's high of over $9. They will become a reporting company this or next week so will be able to see financials and are building thru acquisitions. They only have 10.2 shares outstanding but trade on OTC,which I hate. Seems like company is taking off but problem with us is that as their share price increases, we get less of their stock when ours is converted. Still haven't heard from Jag Sandhu yet and will have to head off to work. Not much interest yet in GPW stock today last at .93 on low volume.



To: John BOYCE who wrote (1418)9/16/1999 8:03:00 PM
From: AuldDruid  Read Replies (1) | Respond to of 1443
 
John,

I think GPW just capitulated their opportunities. Very disappointing, but it does stop the bleeding. Cypost may now have the liquidity, share price and cashflow to move from the OTC BB to the Nasdaq main board and share in the ASP/internet balloon, so you may get some pretty good appreciation on your new Cypost shares, but nothing to compensate for the opportunities lost by GPW, IMO. In fact, owning or buying GPW shares today might be a very astute way to 'buy' Cypost shares at a discount. Unfortunately Cypost has already had a big runup this year, and may pull back to 'digest' GPW. I can't tell either way. But I think at least the shares you have are worth holding, and the management at Cypost seems very energetic. Check out their website . . .

Murray