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


To: Link Lady who wrote (1790)5/4/1999 12:07:00 PM
From: S.Y.R.  Read Replies (2) | Respond to of 3896
 
Globe says Microforum investors peeved

Microforum Inc
MCF
Shares issued 18,133,966
1999-05-03 close $7.8
Tuesday May 4 1999
The Globe and Mail reports in its Tuesday, May 4, edition that Microforum
retreated $1.30 to $7.80 yesterday on the Toronto Stock Exchange. The Globe's
Market Movers column says Internet stocks south of the border were soggy once
again, dampening investor passion for Toronto-based Microforum. The market
also seems a little peeved there will soon be a lot more Microforum shares
knocking around, says The Globe. On Friday, Microforum said underwriters led
by Yorkton Securities will buy 3.1 million units at $6.50 apiece. Each unit can be
swapped for one share and half of a share-purchase warrant. Microforum shares
are down from $9.85 last Thursday but still up from $1.58 on April 9.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: Link Lady who wrote (1790)5/4/1999 12:07:00 PM
From: StockPro  Respond to of 3896
 
Globe says Microforum investors peeved

Microforum Inc
MCF
Shares issued 18,133,966
1999-05-03 close $7.8
Tuesday May 4 1999
The Globe and Mail reports in its Tuesday, May 4, edition that
Microforum retreated $1.30 to $7.80 yesterday on the Toronto Stock
Exchange. The Globe's Market Movers column says Internet stocks
south of the border were soggy once again, dampening investor
passion for Toronto-based Microforum. The market also seems a little
peeved there will soon be a lot more Microforum shares knocking
around, says The Globe. On Friday, Microforum said underwriters led by
Yorkton Securities will buy 3.1 million units at $6.50 apiece. Each unit
can be swapped for one share and half of a share-purchase warrant.
Microforum shares are down from $9.85 last Thursday but still up from
$1.58 on April 9.



To: Link Lady who wrote (1790)5/4/1999 12:53:00 PM
From: Ritch D  Read Replies (1) | Respond to of 3896
 
I think it was more confusion about the number of shares than the factual amount...we all love to do comparisons...Razorfish...and soon to come "Silknet"

Ritch