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Gold/Mining/Energy : Canadian Hot Stock Club - CHSC

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To: Imran who wrote (1261)1/23/2000 6:51:00 PM
From: John Fairchild  Read Replies (1) of 1307
 
Imran, I see it as a very positive step forward for the company to concentrate it's efforts completely on its USB technology. The selling by the Doug Kind group of investors has afforded an opportunity for new investors to get in at a decent price without driving the stock price up (much). But I also think/hope that once the selling is over (may or may not be yet) that the price will start moving on much lower volume. I am told they have a string of news releases over the next month.

They certainly have a unique product with no apparent competition yet with a market that can stretch the imagination.

Correction from my last post - On checking SEDAR this afternoon I see that the manufacturing division third quarter was a big loss. My previous post re financials was based on the last NR issued to Stockwatch from June 22.

John
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