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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT -- Ignore unavailable to you. Want to Upgrade?

To: Steve Bevington who wrote (180)	1/19/1999 9:03:00 AM
From: kidl	Read Replies (1) \| Respond to of 500

Globe says World Heart hits 52-week high World Heart Corp WHT Shares issued 12,243,000 Jan 18 close $23.00 Tue 19 Jan 99 In the News The Globe and Mail reports in its Tuesday edition that investors pumped the stock of World Heart, which has nearly doubled so far this year, to a new 52-week high of $26 yesterday on continuing speculative interest in the company's artificial heart. World Heart said final preclinical testing of the device began this month, three weeks behind schedule. It noted that the delay is not expected to materially affect timing of the first human implant, still scheduled for 1999 subject to Health Canada approval. Yesterday's trading volume of almost 100,000 shares was 10 times the daily average. Analyst Michael Lorimer of Scotia Capital Markets said the jump in the stock price reflects a "sectoral situation where investors are looking for stocks that have significant value-creation potential in the next 12-24 months." He said the company's clinical trials are to end in mid-1999. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com