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Gold/Mining/Energy : MYT - Mytec Technologies

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To: antonio doria who wrote (645)10/5/1997 2:40:00 PM
From: James Bliss   of 1535
 
Certicom's case is different, as you look on the web page they are developing a certain type of encryption code that competes agains RSA (RSA's technology, remember, has been incorporated into Mytec's product). To see the difference in stock price just look at all the companies backing Certicom.

One thing that, I believe, is in Mytec's favour is that they are chasing big contracts (i.e. with COMPAQ, and CIBC), which will take a lot longer to approve and require far more testing than a $1 million contract. We will also not hear about what's going on with such things (remember CIBC didn't even want anybody to know they were testing Mytec's reader for some time). As shareholders we must just wait this whole thing out, and not have stakes in the company that we cannot stomach. I sold half my holdings because this was causing too much stress.

Jamie
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