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To: BACRDI who wrote (730)	3/13/1998 5:32:00 PM
From: dzzhang	Respond to of 1195

"If it's the right kind of acquisition, it could make the company significantly more valuable," said Duncan Stewart, partner with Tera Capital Corp. in Toronto. The all time high price of $20.85 for the warrants shows both the company & investors have great confident in the acquisition, if any. It also indicates any such a deal will be very positive to the company and the stock price should consequently be higher (than $20.85).

To: BACRDI who wrote (730)	3/13/1998 6:31:00 PM
From: dzzhang	Read Replies (1) \| Respond to of 1195

INCORRECT Price reported by DJN results in a price drop in the last minute of the trading. DJN put a headline news with incorrect warrant price of $20 (instead of $20.85) could be the main reason for the price drop at the last minute trading of the stock. When the incorrect DJN headline news hit the wire at around 3:14e, OTEXF was trading at $20.75-$21, the incorrect warrant price of $20 (appr. $1 lower than what was trading then) apparent had a negative effect for the stock. After market close, DJN corrects itself with a full story which states the special warrant was priced at US$20.85, instead of US$20 dollars. Those who sold with this incorrect information paid a price.