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Gold/Mining/Energy : Calian Technology a Company with infinite growth potential
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To: Robert Bachynski who wrote (57)9/11/1998 8:52:00 PM
From: Fyodor  Read Replies (1) of 132
 
I bought more stock today ($2.75-80) and the volume was better than it has been in awhile.

My rational is this: at these prices, the C$0.18 dividend provides about 6.5% return in only 3 months! Plus, Given the good recent results and contract announcements, I think the stock could be much higher within a year (after some of this market turbulence has blown over). Therefore, get a short term cash payout and still hold on for the capital gain.

The only obstacle is getting enough volume to make it worth while, but today was a good sign as volume was the best in a week. I think the closer to the dividend date, the better the volume will get.
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