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Technology Stocks : MER Telemanagement (MTSLF) - Internet/web Co. -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (8)	1/1/1999 6:25:00 PM
From: blankmind	Read Replies (1) \| Respond to of 75

- Are you saying that the parent owning so many shares is a good or bad thing? - I just found the 8/26/98 "Meeting of Shareholders" notice & it clearly shows that the parent co., C. Mer Industries, owns 69.7%, or 3,269,270 shares. - As long as the parent is happy with their investment; and not selling even one share; and the float being so miniscule. Couldn't the slightest spart set off a minor buying frenzy that would bring up the stock price to fair value? - For instance, on Thursday, 70,000 shares drove the price up 34%. - PS - thanks for the questions, I'm learning a lot that I didn't know before. Making me like MTSLF that much more. But what's your take on C. Mer owning 69.7%? And what's your overall take? Thanks.

To: Sir Auric Goldfinger who wrote (8)	1/2/1999 6:44:00 AM
From: blankmind	Read Replies (1) \| Respond to of 75

- I confirmed that Zero shares have been sold: - per the 5/21/97 ipo Prospectus: "Beneficial Ownership after offering: C. Mer Industries Ltd., 3,269,270 shares" - per the 8/26/98 "Notice of Annual General Meeting of Sahreholders: "C. Mer Industries Ltd., 3,269,270 shares" - Rule 144 would have allowed C. Mer to sell these shares. But they haven't even sold one share. This speaks volumes about their confidence in the company.