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Gold/Mining/Energy : Kasten Chase (KCA/TSE): Buy it!
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To: Mike Hilliard who wrote (16)4/1/1997 7:05:00 PM
From: Perry   of 193
 
Mike,

I have no idea why the price of KCA is dropping, but as you have stated volume is very low indicating that it's the small investor that's doing most, if not all the selling and buying since the number of ticks makes each trade average about 1000 shares.

However, a few days ago the stock did have volume of over 300,000 shares, but I can't remember the # of ticks. I think the selling may be a reaction to some of the early earning warnings coming from networking stocks, suggesting slowing demand over the entire industry. Hopefully KCA can overcome this suggested slow down.

Hope I had money to buy some more SMTL.
Does anyone have anymore info on the potential contract with the US postal service.

Thanks,
Perry
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