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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY -- Ignore unavailable to you. Want to Upgrade?


To: hugh thorne who wrote (714)3/19/2001 5:34:46 PM
From: Lalit Jain  Read Replies (1) | Respond to of 856
 
hugh,

Any idea when the warrants will start trading ?

NHC has the worst performance among the TSE300 hi-techs.

What I am surprised is that the Yorkton bot-deal was priced so low. Usually the calculations are based on an avg. of the last 30 to 60 trading days. It is no wonder NHC tanked so badly. If Yorkton was negotiating a $3 price (and I am sure the word was out during the 2 weeks prior ti the release), why would anyone buy at a higher price. In fact, I won't be surprised if the people in the know were actually short sellers, knowing well that they will get the stock at $3.

NHC management had a golden opportunity to look like true leaders. Of course, there is a hi-tech malaise right now, but IMO, they really blew this one.

Regards, Lalit Jain