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Technology Stocks : IVI Checkmate (CMIV) -- Ignore unavailable to you. Want to Upgrade?

To: hsg who wrote (1622)	11/17/1998 4:50:00 PM
From: Filip Jakobs	Read Replies (1) \| Respond to of 3721

My guess on the volume trading at USD5 comes from reading the posts between Sultan Kabani and yourself over the past few months, watching the price action, and extrapolating. It seems that any time this stock gives the holders encouragement it then turns around and slaps them in the face. From the exasperation your posts convey it would appear that the market participants have had it with this piece of shite, won't believe in any rallies, and sell. The level seems to be USD5 as it hasn't traded above there since August. My belief is that this is exactly how a market and its long suffering participants behave just before a rally. A further example of this comes in the behavior between the various markets: IVC.T IVI.T AND CMIV.O. CMIV is USD5 bid. That translates into CAD7.75. The strange thing about this is IVI.T is offered at 7.65. IVI.T is fully exchangeable into IVC and CMIV so what's the problem? Talk about an apathetic (pathetic) market. My suggestion is try not to go insane, buy yourself some more stock and turn off the screen. Good luck.