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Gold/Mining/Energy : Develcon T.DLC Why sudden rise? -- Ignore unavailable to you. Want to Upgrade?


To: dan jay who wrote (16)3/16/1999 10:03:00 PM
From: Steve Simmons  Read Replies (1) | Respond to of 34
 
Dan,

The rise can be attributed to RADR on the Nasdaq today. RADR is now Vianet Technologies which traded today. The DLC moved because it will merge with Vianet on a 123 shares for one basis. BUT, it looks like they will roll back the VIANET so it becomes a $30 stock thus making the price of DLC worth 0.35 at the time of the merger in April. Look for a possible jump in DLC again tomorrow !


Steve