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Technology Stocks : Firetector FTEC

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To: Gary Cook who wrote (39)	10/19/1997 3:01:00 PM
From: M. Merriam	of 79

Very funny. :-( I have no idea about the outlook for FTEC. When is their next earnings report due out? I find the parent company, Mirtronics (listed on the Toronto Stock Exchange), more interesting. It would certainly benefit from any good news from FTEC but also has its own, improving business interests. Latest statement (9mo. June '97) has sales up to 16.8 million from 13.9 million for the same period last year. Earnings: 0.4 million vs. 0.2 million (0.04/sh. vs. 0.00/sh.). The common shares are trading in the 0.20 range. The share capital has recently been restructured. (All figures in $Can.) --Mike

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