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Gold/Mining/Energy : Vasogen-- VAS on TSE -- Ignore unavailable to you. Want to Upgrade?


To: cann11 who wrote (116)3/3/1998 9:52:00 PM
From: Syncrude  Read Replies (2) | Respond to of 377
 
What constitutes a good press release is in the eyes of the beholder. While you may be happy with it, what counts is what the market expects. And what the market wants to know is WHEN some cash will be coming into the company that is not from a share/warrant/right issue.

Don't get me wrong, the announcement is a good step, but was already discounted in the market. You must also consider the state of the markets today. High risk stocks like VAS have difficulty in getting the high profile among analysts. They are in a good sector, have done their homework and now we are waiting to see if all of this is going to work in generating much needed revenues.

Don't look for an immediate rise in VAS, you will have to be patient (in my opinion).