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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (11312)	10/30/2002 10:14:14 AM
From: axial	Read Replies (1) \| Respond to of 14101

Hi, Wayne - I don't pretend to understand DMX trading, especially lately. I think we all have guesses. Joe watches it like a hungry hawk. Since August, when Acqua selling resulted in DMX being dropped from the Index - there are a few players who appear to have taken large positions around $2. I wasn't aware that Merrill Lynch had recently crossed again - I seem to recall that same cross previously, at which time I thought it was the result of being dropped from the Index. If it's been crossed again, then perhaps, rather than sell it, ML has decided to put it in one of their funds. That is the sort of guess that I thought many of the Index players (those who could) would make: given the probabilities for approval, what was the sense of selling DMX out of the house, and crystallizing a loss, simply because it was delisted from the index? In the overview, without approvals, Acqua seems to have given us the world's longest-running IPO. My reaction is a mixture of resigned sadness that we have no approvals, and relief that some big buyers apparently see the same possibilities we do. If they didn't, who knows what the price would be? But we can't be sure of the facts, and logic isn't necessarily a guide: just an opinion, of course. Regards, Jim

To: TheBusDriver who wrote (11312)	10/30/2002 10:32:07 AM
From: Montana Wildhack	Read Replies (1) \| Respond to of 14101

NICE summary. According to the numbers I was sent Peters had accumulated 584,100 plus the 50,000 they bought yesterday while selling none when you include their later September buys. Its interesting that they appeared yesterday when RC took a break after accumulating some 280,000 in the four days since the AGM. The good news seems to be some are taking larger positions in DMX during this period. The bad news seems to be that until we get verdicts there appears to be a plentiful supply of new shares. Regardless of whose holding what certificates, very little escapes the several excellent analysts on this board and while as a result of that the AW mechanics were changed - its harder to quantify but still determinable. Lets make a deal! And get some of the tension out of the air that all DMX shareholders (that's shareholders not shareshorters) have long suffered through. We want approvals! When do we want them?!? RFN! Wolf