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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: Constance Collard who wrote (1670)9/6/2001 3:13:20 PM
From: Cush  Read Replies (1) of 1690
Hi Constance. I'm still here.

This board has been as quiet as the share price has been bad. Not a lot of investors want to acknowledge owning IW, at the moment.

There's a fairly active board at stockhouse

and another at Raging Bull

It may not help much, but for what it's worth, I have no plans to sell at this price.

The share value was devastated by selling through the brokerage Raymond James. They sold over 2 million shares, which with some selling through Canaccord (another Canadian Brokerage) accounted for about 99% of the net shares sold as they drove the share price down from $2.50 to below a buck Cdn.

Now their analyst has been quoted in a Financial Post article claiming that the company is in trouble because of their low share value and need for financing.

Manipulation by a house shorting the stock? Who knows.

I think we'll survive this, but who knows that, as well.

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