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Gold/Mining/Energy : Tundra Semiconductor Corp -- Ignore unavailable to you. Want to Upgrade?


To: Imran who wrote (17)1/30/1999 4:41:00 PM
From: Chris Stovin  Respond to of 46
 
chris
why do you think the stock is gonna crash????

imran


Yikes! Please re-read my post. I appolgize for my sense of humour but I thought it was pretty clear that I was joking and that I was insanely jealous of CuGeo's allocation. Imran, this was a joke.

I am extremely jealous of anyone who has a subscription to the IPO. Like you, I had called my broker to try and get in and to no surprise, could not. However, I am actually going to get involved in another way, albeit indirectly. A way in which makes sense for me personally for tax reasons and other personal reasons. I have just bought into Vengrowth, a LSVC fund which has a stake in Tundra. Vengrowth had a $2 million stake in another Newbridge affiliate - Cambrian. Their investment turned into $20 million when it was sold to Nortel. I wanted to get into Vengrowth this past week before the stock goes public and drives up the price of Vengrowth (IMHO).

On Feb. 8th I'll probably be lurking in the weeds waiting to pounce on a few helpless Tundra shares to add to my portfolio.

Anyway, I hope this post straightens things out for you.

Cheers!

Chris