Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.

TSXV:WED - Post by User

Westaim Corp

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Post by onparolon May 02, 2003 10:24pm

391 Views

Post# 6063099

2005 is not far

big volume indicates institutional buying and they buy for the long haul.Low volume on the NASDAQ,as we get closer to 2005 ifire will become an American story then look for a price spike.I am holding out for a little longer then 2005 as I smell a disruptive technology griping the flat panel market.According to TD waterhouse 44 institutions own 25% of WED.Good move today in the right direction.The shorts are eating there shorts.

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