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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: AJ Berger who wrote (5755)1/9/1999 10:59:00 PM
From: BillyJoe McCallister  Respond to of 18998
 
Mr AJ Berger, do you have a guess as to where to exit, as far as price is concerned, I agree with your opinion, looks like a good short by weeks end. Thanks



To: AJ Berger who wrote (5755)1/9/1999 11:09:00 PM
From: sargent  Read Replies (1) | Respond to of 18998
 
MP,

This thread is going to hell. I suppose that is the price of success....

As you know, FHT is visiting all the big boys in New York next week. Two things I believe will happen - your opinion is appreciated:

First, FHT will paint a much rosier picture than anyone expects of the company's future.

Second, the stock will move substantially Tues-Thurs (the road show is Wed-Fri) in anticipation/during their talks. This, of course, depends on if the market doesn't collapse.

Finally, off FHT topic, I am unsure of the situation with BII being traded on the NASDAQ. Does it have to trade above $5 in US OR Canadian dollars for a certain number of days on the Toronto board to be eligible? Once completed, is this the final hurdle? If so, how long will it take for it to be listed thereafter? If not, what other obstacles need to be addressed before it can be traded on the NASDAQ? Your input appreciated as I am not familiar with this process.

Thanks in advance - Sargent.