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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (1125)	5/18/1999 10:00:00 PM
From: Daniel Chisholm	Respond to of 10293

RYO trades at 56 cents that does indicate worthlessness Minor correction, the last trade on the Toronto Stock Exchange (before it was delisted) was 6.5 cents Canadian. Still, that's a market cap of $10.4M, which seems like a lot of money to me anyway. Most recently, on the over the counter market in Canada, it has traded for three cents. LWN trades at 94 cents that does indicate worthlessness Still, that's $70M. Their bonds (about $2200M worth) are on a 50%-off sale right now (that's $1100M worth of doubt w.r.t. the most senior obligations of the company), yet the company's common stock sells for $70M? Has no one in the US been able to short IRID? Wouldn't Merrill customers be able to short, after all it sounds like they have some inventory ;-) - Daniel