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To: Graham Dellaire who wrote (3303)7/7/1998 2:15:00 PM
From: frank_sbr  Read Replies (1) | Respond to of 5743
 
Does anyone knows the name of that fund that are selling its shares.

frank_sbr



To: Graham Dellaire who wrote (3303)7/7/1998 3:06:00 PM
From: Douglas Simpson  Read Replies (3) | Respond to of 5743
 
Well?

Time will tell.

September 30, 1998 will reveal the true nature of this company.



To: Graham Dellaire who wrote (3303)7/7/1998 9:14:00 PM
From: JayPC  Respond to of 5743
 
Levesque Beaubin Geoffrion's selling last 15 days.....
not including today

date-------sold-------volume--------percent of volume
july 6------48700---78037---------62
3------------0-------_----18400-------0
2------------14300---26800---------53
june30-----12000---31143---------38
29----------16600---33000---------50
26----------11500---25060---------45
25----------10000---21900---------46
24----------34900---86467---------40
23----------20100---30702---------65
22----------22700---56800---------39
19----------39800---60303---------66
18----------53600---77800---------68
17----------117800-205020-------57
16----------121300-249050-------48
15----------19900---47200---------42

total last 15 days

sold 543,200.
total volume 1,047,682
percentage of total volume sold by Levesque 51.8%

Graham, i agree with you
It's clear that the trend is being set by Levesque dumping of shares. Fund managers change stocks all the time. Notice how the volumes were much higher at earlier dates (when the stock price was higher). The fund manager is obviously trying not to drop the stock price too quickly. If any one of us held 543000 shares, we too could manipulate the stock price for a little while. My point is that this drop in stock price has a lot to do with a single fund manager who wants to change the balance in his fund. Everyone who thinks this stock is a bargain right now is correct. Levesque will eventually be done and the more true market forces will see this stock rise.

Jay