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Gold/Mining/Energy : Fantom Technologies (TSE:FTM)

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To: Hawkeye who wrote ()8/13/1999 11:44:00 AM
From: M. Charles Swope   of 55
 
Year End Results!

Fantom announced their year-end results a few days ago and they look good. Income up 36% to $14.2 million ($1.58/share) and sales up 36%. In addition, the cash dividend was upped to 5 cents/share from 3 cents and a shareholder rights plan was put in place. The details can be found at:

fantom.com

This company has the kind of numbers that a high tech outfit would love. If it was in a more exciting industry it'd have a multiple of 50 instead of the 12 or so it now commands.

I bought this stock after reading Peter Lynch's book and stumbling across their products at Best Buy. Satisfied so far and looking for much, much more in the way of appreciation.

Charlie
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