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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Link Lady who wrote (590)	1/27/1999 11:07:00 PM
From: ChainSaw	Read Replies (1) \| Respond to of 3896

Wendy, I took a small position in this one recently and I anticipate another move up after month end trading. It is a bit puzzling in looking at the intraday trading. Taurus was retained as a financial advisor in Jan /98 and did the financing of 4 mil special warrants at .50 back in Dec /98. I don't see any support from Taurus in the last few days and all I have seen is dumping into the large volume days and hitting the bids today. Are they buying through any other houses to disguise their buying?? Are they waiting for a further pullback? It would be nice to see some strong buying from them other than taking advantage of their .50 paper. I still feel there is more upside after this shakeout is over. Chain Saw

To: Link Lady who wrote (590)	1/28/1999 6:56:00 AM
From: John Walker	Read Replies (2) \| Respond to of 3896

File this one under HMMMMMM! NP says Microforum's CEO's criminal past raises questions Microforum Inc MCF Shares issued 17,237,000 1999-01-27 close $1.95 Thursday Jan 28 1999 The National Post reports in its Thursday, Jan. 28, edition that Microforum's chief executive officer, Howard Pearl, has a criminal past. The National Post's David Akin writes that Mr. Pearl has never dodged the question when asked by regulators, his banker, or his board of directors: He was convicted in Tennessee in 1979 of a relatively minor wire fraud offence and paid a $1,000 (U.S.) fine. In 1982, he was sentenced to 12 years in prison by a U.S. District Court judge in California after pleading guilty to his role in a cocaine-smuggling operation. Mr. Pearl served 13 months of his 1982 prison sentence in the United States and he was placed on parole in Canada for the balance. Mr. Pearl says that information has been disclosed to the Toronto Stock Exchange, to Microforum's board of directors and to key business associates. It has not, though, been disclosed to all Microforum shareholders. Microforum chairman David Peterson was informed about Mr. Pearl's background last year when Microforum acquired Mr. Pearl's privately held firm PPL Marketing Services. He says Mr. Pearl is a fine hardworking manager.