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

To: Ruyi who wrote (2315)	5/26/1999 4:30:00 PM
From: Ellie	Read Replies (1) \| Respond to of 3896

Dagan, interesting, do you have the date BII options came on?

To: Ruyi who wrote (2315)	5/26/1999 11:58:00 PM
From: lib	Read Replies (2) \| Respond to of 3896

I think the recent pp has finished haunting the stock, although I would agree options has added a great amount of volatility here. Volatility in the wrong direction momentarily. Anyone thinking that the close below U.S. $4 today has set back mcf's listing status on the Nasdaq, remember that only the 20f form is in progress. Therefore, the 30 day meter has yet to even actually begin until official notice is given. The trading pattern for bii went as follows: 1) Official notification for application for listing on the Nasdaq - late Feb. Stock traded at 6.00 proceeded by a slight trend down to 4.00. 2) Investment community took notice of official application and stock began trading briskly up to 11.00 in early March, followed by a sell off to the $9's. 3) Options began in 2nd week of March followed by a nice run-up. Patience is very much required here, and we have yet to see anything really until Nasdaq listing status is made official. We should see something about this intention made clear soon hopefully within the next month. Called i.r. today to see if anything was wrong and they made it pretty clear that everything was still proceeding nicely in the right direction. Stupid question I know but for a brief moment I was feeling just a slight bit insecure. Any news this week would give the stock a nice pop imo. Good volume here on a relatively light trading day for the t.s.e. Fundamentals for mcf have not changed. Hanging on....