TECSYN (Toronto-TSN) Message Board

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Gold/Mining/Energy : TECSYN (Toronto-TSN)

TSN 58.56

+0.5%

Dec 26 3:59 PM EST

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To: M. Merriam who wrote (55)	12/3/1997 2:30:00 PM
From: Steven Ivanyi	Read Replies (2) of 78

I think that because of the announced rollback some investors got scared. However, due to the strong fundamentals of this company, ie. strong earnings per share, PMP division will show profit shortly and the generally strong business outlook for TSN for the near future and beyond, the stock will rally and break out of previous high of about $2.00. I think it is just a matter of a few months in my opinion. In sum, I really like this stock and will continue to buy more in the next day or so. It looks like a bottom around here with strong support. The company actually annouced the other day that they will buyback 2.6 milllion shares because they think the price is extremely undervalued. A good and healthy sign - management always knows the true state of affairs. Steven

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