Transat A.T. (TRZ/TSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Transat A.T. (TRZ/TSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Stopforth who wrote (21)	9/9/1997 2:03:00 AM
From: Marc Fortier	of 88

Good hearing from you John. Like you, I am glad to see that TRZ is finally climbing. As you say, technically (I'm more of a fundamentalist), the next resistance should be at $13. My fear is that it is going to be hard to break though. Expect the next earnings for the end of this month; I certainly hope that they will show a good improvement (they should with the summer I am hearing they have had) and that the difficulties with Look Voyages won't alter them in any way. Don't forget that TRZ has almost $3 in cash per share for an acquisition in Europe. The analysts following the company don't think it will be done this year, but the transaction will certainly do wonders to the stock price when it will happen. Having said that, if the price don't stay up with the next earnings I don't think that I will have the patience to wait till then; I simply payed too much for my shares ($30 last october) to keep going like this for much longer when there are so many other good opportunies around. Best regards, Marc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next