Raytec Capital (RCC.V) Message Board

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Gold/Mining/Energy : Raytec Capital (RCC.V)

RCC 25.10

+0.2%

3:03 PM EST

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To: 1st.mate who wrote (388)	6/20/1999 1:21:00 PM
From: axial	Read Replies (2) of 457

I'm still long on RCC but there are some concerns. To save time, I'll repost from SH...(follows)...I'm long on RCC. I agree that we'd do better on NASDAQ, but before you can even get a listing you must trade at $5 (US), or about $7.50 (Cdn)for 90 days before you can even get on the big board. Raytec is a long, LONG way from that point. That kind of price presupposes earnings in excess of 0.50/shr. - and we're a long way from there. You would like a company that is disclosing to its investors the progress it is making in marketing and testing its products - and we've heard almost nothing - we can't make any projections, because nobody has given us the foggiest idea of what projections we can make. Finally, you'd like the investment community to see a strong and concerted effort to market the product, with media play and an international advertising campaign - and we don't see anything of that. I'm sure a marketing effort in the interior of BC has SOME kind of benefit, but I don't think it would play very well on the NASDAQ...and IMO, if the marketing by Englehard and Raytec doesn't pick up, big-time, we'll never see Raytec on NASDAQ.

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