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Gold/Mining/Energy : MYT - Mytec Technologies

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To: oss who wrote (802)1/10/1998 6:36:00 AM
From: Robert Bachynski   of 1535
 
This just looks like another distributer to me similar to the partner they have in the USA. I'm not going to get to excited about this press release or any other until the next quarter press release is issued.

But previously I stated that a restructuring cost is usually followed by a series of anouncements to boost the stock.

A strategy used by these companies is to wait until they are just about certain to receive a group of orders, partnerships, mergers etc... then release a huge restructuring cost. Which we the shareholders will absorb. Then they will release the good news to boost the stock price. It's a way that we can forgive them for not being able to recoup with sales the restructuring cost.

Bob
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