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Gold/Mining/Energy : MYT - Mytec Technologies
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To: R. Gracie who wrote (1259)7/11/1999 12:01:00 PM
From: Steve Johnston  Read Replies (1) of 1535
 
Several large Canadian brokerage firms underwrote Mytec when it initially went public and needed to raise cash. It got hyped, bigtime, as a result. Then luck set in, when it looked like Toronto's Welfare Department might insist on using fingerprint security to prevent fraudulent claims. The human rights backlash killed this idea quickly. Since then, nobody of note, to my knowledge is covering this company, and they have become, essentially, just one of many home/business security companies, with a dwindling, and tiny, amount of cash left to try to stay ahead in the bio-encription game. In short they missed the boat. Regards.
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