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Gold/Mining/Energy : Jetform-FORM -- Ignore unavailable to you. Want to Upgrade?

To: rd who wrote (272)	4/4/1998 2:04:00 PM
From: Praxis	Respond to of 530

The real key to the TSE listings is for the Canadian Mutual fund industry, they will be clamoring to get stakes in a growing Canadian concern. There are benefits re:RRSP but these are much smaller in comparison, remember for RRSP's to hold common stocks they must be self-directed. Only 6% of RRSP's in Canada are self -directed. For those who are Americans on this thread, RRSP is virtually the same as an IRA.

To: rd who wrote (272)	4/5/1998 8:41:00 PM
From: Roy Cetlin	Read Replies (1) \| Respond to of 530

"RRSP" limitations - in Canada RRSP is our registered retirement savings plan - similar to your 401k or IRA account - the government has placed restrictions on the percentage (20%) that can be invested in securities or bonds etc outside of Canada. Therefore, the bulk of the money in RRSPs that is committed to the market is chasing a fairly limited range of securities. Therefore, having Jetform as a Canadian listed stock will probably drive the price up just by the added investment that can now be made by Canadian funds and individuals. Hope that explains the situation. Good trading Roy