SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Develcon T.DLC Why sudden rise? -- Ignore unavailable to you. Want to Upgrade?


To: steve gilchrist who wrote (24)3/23/1999 7:55:00 AM
From: Sylvain Cousineau  Read Replies (1) | Respond to of 34
 
I think that investors were a little confused at the fact that the
company was being bought by a company that was not even public so that
no one could gauge the real value proposition. I'm a little confused also by the fact that I hold these shares in my RRSP. Do I have to sell them because they are now a US company?. If many shareholders are in my situation and have to sell because of a technicality, this could put downward pressure on the stock. This stock is extremely volatile due to its low volume. 400 000 shares at 10 cents is only $40000 dollars traded in a day.

I am however a little enthusiastic because Develcon has made it to CeBit and some jobs are actually posted on their website. Vianet has a website at www.vianettechnologies.com but it doesn't contain much valuable information.

DLC seems to have a value directly proportinal to RADR (Remember that RADR is now Vianet). If RADR moves to $20 US, DLC would be worth approximately $0.24. But I suspect it would trade at a premium. Someone mentioned a fairy tale of RADR moving up to $100US which would value DLC at $1.20. There's nothing wrong with dreaming!

CIAO!