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Gold/Mining/Energy : Lumonics (TSE:LUM)
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To: Jay Arkay who wrote (1)1/5/1999 1:56:00 PM
From: Ducks  Read Replies (1) of 9
 
I agree. I bought some in oct/nov at 7.10, just before it dipped a little further. Analysts expect that earnings in Q2 will be good (report from RBC dominion securities. My wife heard the Prez of this company speak at a communications conference about a year ago. She was very impressed by the vision of management concerning quality, etc.

Anyways, I think this stock has been oversold and it is a perfect turnaround play.

If the markets are relatively stable over the next 6 months, I can see LUM hovering between 15-20 bucks
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