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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Gulo who wrote (567)4/17/1999 1:27:00 AM
From: Moneysmith  Read Replies (3) | Respond to of 6016
 
Re: Timing of release:

The release of this information on a Friday after the warrant expiry and the sketchy details of the deal (according to a Delphi spokesperson it was for a "nominal amount") should inject a note of caution. Cannacord had underwriting responsibilities for GLE and, of course, this firm has a certain "reputation". I believe Cannacord was a big seller on Friday. I fully expect that, as planned, the weekend media coverage will yield a strong opening Monday. I am planning to buy a bunch more but it may be a lot cheaper to do so by either late Monday or Tuesday.



To: Gulo who wrote (567)4/17/1999 9:07:00 AM
From: Mark Kubisz  Read Replies (1) | Respond to of 6016
 
>> Given that a lot of
>>people can't or won't short stock, many warrant exercisers won't be able to trade their stock for at least a >>week, maybe more. Is this the reason for the timing?

I don't understand what you are getting at. Can you explain? As far as spacing the news releases, I agree with you, that's smart.


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