Bob, I am upset with the quarterly results, which show a modest impact of the CIBC sale and confirm, IMHO, that we have a persistent management problem.
I worked out the following breakdown which is the base for my disappointment:
1998 1999 % chg
Monitoring 8,948,990 9,731,578 8.7%
Biometrics 550,835 568,964 3.3%
Total 9,499,825 10,300,542 8.4%
Management must become "aggressive" in selling these dam units and in bringing MYT to the USA stock exchanges. They must finally realize that Canada is not the world, and that MYT need the world market, starting with the USA!MYT must organize an IPO with a leading underwriter in the USA a s a p, or it will remain forever the village
workshop!
Any views from others? |
