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Gold/Mining/Energy : Canadian Small Cap Stocks

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To: diddlysquatz who wrote (128)6/19/1998 10:16:00 PM
From: Scott Mc   of 512
 
Paul, PMK looks interesting, however I really don't get into to many tech stocks, looks like a software company to me. I do not buy software companies since I feel unless I am directly involved I would not know how they are doing. When I can buy a software package for $9.99 which was originally $300 I believe I need intimate knowledge of the company and product. Their margins are tremendous, but what guarantee is there that they can maintain them. The P/Sr is all right, but IMHO nothing special. If you have a good understanding of the company, their product and business it is probably a good investment. I dont work with software(win95,excel,access etc dont count) so I stay away.. JMHO..Scott

PS: If you have a chance take a look at a book Million Dollar Strategy by Michael Decter(sp?) he took his $50K RSP to $2million in about 11yrs(as of Oct97), mostly with Canadian stocks. Easy read, but interesting..
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