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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: BW who wrote (7344)3/15/2002 1:31:10 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
If LU gets any cheaper, they will be take over bait. The fiber sector is in baaaad shape...be careful where you tread..

Now that I think about it, LU is almost a rat, on stock price, not market cap...

Speaking of clunkers, FONR has held a buck 4 times since 6 March.. I was waiting for .88-.95



To: BW who wrote (7344)3/15/2002 1:31:53 PM
From: Bucky Katt  Respond to of 48461
 
ABN Amro Fined EU25,000 in World Online Share Sale, Paper Says

Amsterdam, March 15 (Bloomberg) -- ABN Amro Holding NV, the largest Dutch bank, is being fined more than 25,000 euros ($22,000) by Dutch securities watchdog AFM for its role in the initial share sale of World Online International NV, Dutch newspaper NRC Handelsblad reported.

The securities regulator is also planning to ``publicly shame'' the Amsterdam-based bank with an advertisement announcing the fine, the newspaper said, citing unidentified sources. ABN Amro spokesman Robin Boon declined to comment.

The AFM has had the power since 2000 to fine companies that violate stock exchange rules, though so far only one fine has been announced publicly, the newspaper said.

ABN Amro Rothschild, a joint venture between the Dutch bank and London-based N.M. Rothschild & Sons Ltd., and Goldman Sachs & Co. co-managed the share sale of the Dutch Internet company in March 2000. The stock lost about two-thirds of its value in the months after the sale before World Online was bought by Italy's Tiscali SpA in September 2000.

Shareholders complained the banks should have explained more explicitly in the prospectus that World Online's founder, Nina Brink, sold part of her stake in the company in Dec. 1999 at $6.04 a share, 85 percent below the issuing price in the public offering three months later.



To: BW who wrote (7344)3/15/2002 2:10:19 PM
From: fishweed  Read Replies (1) | Respond to of 48461
 
BW, I believe FBCE is also shifting focus from SA to the Chinese market, a bonus to anyone considering taking them over. Might also be a play on China in itself, without a takeover.

fishweed